Chelsea Green Publishing

Chelsea Green Blog

Financial bailout lowdown

Ezra Klein at The American Prospect blog offers some good summaries of the problems with the Bush/Paulson bailout plan, and links to more necessary analysis. This, unfortunately, is the sort of thing that tends to be a done deal (and Klein’s post on Senator Dodd suggests just that), but on the off chance that understanding the situation a little better now is useful, I recommend you check it out. Example:
As we rush our way through the bailout argument, it’s worth being clear on the distinction between losses and collapse. The crisis is not about the possibility of Wall Street suffering sustained losses. It is about the possibility of Wall Street seeing a series of firms collapse. But Paulson is conflating the two…. The problem with the bailout plan is that we’re supposed to be buttressing Wall Street against the possibility of collapse, but Paulson went a step further and constructed the government’s approach to help protect against loss….
Anyway, read up and down his recent set of posts. It’s sobering, but instructive. [Photo courtesy of wwhyte1968]


A Dictionary to Survive the Future

When British economist David Fleming died unexpectedly in 2010, he left behind his great unpublished work, a masterpiece more than thirty years in the making—an intellectually evocative and inspiring dictionary, Lean Logic: A Dictionary for the Future and How to Survive It. In it, Fleming examined the consequences of an economy that destroys the very foundations—ecological, […] Read More

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In 2016, Earth Overshoot Day happened on August 8—the day when we’ve exhausted the planet’s resources for the year, and are essentially borrowing from future years to maintain our existence today.Perhaps you celebrated this day with a counter-solution: a vegetarian meal, telecommuted, or turned off the air conditioning. There’s a lot more you could be […] Read More

The Future Is Hopeless, So Give it Your All

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Climate Change & the End of Stationarity

Just as predicting the rise of Donald Trump as a leading presidential candidate stumped even the best of political analysts (looking at you Nate “FiveThirtyEight” Silver), the advent of the Sixth Great Extinction due to climate change and an increasingly potent mix of carbon dioxide in the atmosphere has completely upended how we predict the […] Read More

Use Simple Games to Better Understand Climate Change

How is it that emissions keep growing despite rising concern about the climate change they cause? It is possible to identify several reasons for the paradox, most of which lie outside the scope of The Climate Change Playbook. But one important reason is relevant here: people do not understand the behaviors of the climate system.And […] Read More
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