Tag: ECI blog

Are Personal Carbon Allowances the Missing Policy for Addressing Climate Change?

By Tim Thornton In recent decades, addressing climate change has gained increased attention as climate disasters have become more widespread. However, the international community is not currently on a sufficiently ambitious carbon emissions reduction trajectory to avoid non-catastrophic global warming. As illustrated in Figure 1, there is a large gap between global emissions with current […]

Putting Modern Economics in Context: Lessons from a Soviet Curriculum Reform Project

By Stacey Yuen Editor’s note: This blog post is based on an interview with Dr. Neva Goodwin conducted in May 2021. In 1989, just before the fall of the Berlin Wall, the Soviet Academy of Sciences began sourcing for an American economics textbook for translation and use in the Soviet Union. They requested help from […]

Mad Money: The Financialization and Rising Inequality of the US Economy

By Pratistha Joshi Rajkarnikar A recent UN news story blames the excessive speculation in the financial markets for impeding basic human rights. The 2022 World Development Report highlights the need to address fragilities within the financial sector for a sustainable recovery from the pandemic, and several studies have linked the rise of finance to lower […]

The Gendered Impacts of Climate Change

By Ellie Hu Climate change has already had an observable and adverse impact on the global environment, with rising sea levels, increased incidence of droughts, storms and wildfires, and declining water supplies and agricultural production. These impacts have fallen heavily on groups that face greater vulnerabilities from natural disasters. Among the groups most affected are […]

Harmonizing the Economy with the Environment: Teaching Modules for a New Approach

By Mohish Agrawal There is increasing demand for an economics curriculum that accounts for the importance of environmental issues such as climate change, biodiversity loss and natural resource degradation. Not only does the environment provide the natural capital essential as inputs to production, it also provides essential services, such as assimilation of waste and provision […]