This index measures progress and sustainability better than GDP

Conventionally, economists use gross domestic product (GDP) to estimate the sustainability of the economy and the quality of societal welfare. However, this approach is not only incorrect and logically flawed, but also in ...

New book debunks myths about who causes crime and why

Forty years ago, Craig Haney was a young professor of psychology at UC Santa Cruz when a question about the real causes of crime began to form in his mind: What if most violent criminal behavior is rooted in early childhood ...

Can capitalism and the planet truly coexist?

As the Productivity Commission confirmed this week, Australia's economy has enjoyed uninterrupted growth for 28 years straight. Specifically, our output of goods and services last financial year grew by 2%. Economists obviously ...

Good connections key to startup success

The future potential of early stage startups can be assessed by their existing professional relationships, research led by a team at Queen Mary University of London suggests.

What Harry Potter can (and can't) teach us about economics

A new paper in Oxford Open Economics, published by Oxford University Press, explores "Potterian economics"—the economics of the world of J.K. Rawling's Harry Potter series. Comparing such economics with professional economic ...

Natural climate solutions help mitigate climate change in China

Natural climate solutions (NCS), which comprise various land stewardship options, are approaches to trapping carbon in terrestrial pools and/or reducing greenhouse gas (GHG) emissions. They are critical for slowing down the ...

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