What will be the most miserable economies in 2018?

As Steve Hanke put it, the human condition inhibits a vast continuum between “happy” and “miserable.” When it comes to economics, misery tends to stem from high inflation and high unemployment. The best way to ensure happiness is to grow economically, but that is not easy with high inflation and unemployment.The vast majority of countries report on economic indicators on …

Economic cost of land degradation in India

The cost of land degradation and land use change ate up to 2.54% of India’s gross domestic product (GDP) in 2014-15, as per TERI’s Study on Economics of Desertification, Land Degradation and Drought in India. Land degradation is evident across all terrestrial biomes and has far-reaching consequences. Following the range of services that land provides, its degradation can be direct (e.g. …

IPCC 1.5°C Report: Planet Nearing Tipping Point

On Oct. 8, the Intergovernmental Panel on Climate Change (IPCC) released the much anticipated Special Report on 1.5°C in Incheon, South Korea. The release follows an intense week of editing in which scientists responded to government comments. [climatenexus.org] About the report: World governments party to the Paris Agreement requested a comprehensive report on the impacts of 1.5°C of global warming, and how best to …

The Soaring Cost of Textbooks

[Good.is] According to College Board estimates, in the current school year the average higher education student will shell out about $1,300 for books and supplies, regardless of school type. That cost is shocking. But even more alarming is the rapid rise in textbook prices over recent years. As illustrated in the above video, between 1998 and 2014 the cost of new …

If The World Were 100 People

[Good.is]The world population has now reached 7.5 billion people. This milestone inspired us to conduct research to update our statistics in 2016, and the changes over the past 10 years are remarkable. In 2006, only 1 person out of 100 would have had a college education– today that number has jumped to 7. [100people.org]