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]

Use Systems Thinking to Make Lasting Social Change

What can be done when our best intentions create unintended problems—such as temporary shelters increasing homelessness or food aid accelerating starvation?After decades of helping change-makers in the nonprofit, public, and private sectors address tough social problems, systems-thinking expert David Stroh shares the pioneering framework that both demystifies systems thinking and shows how it can lead […] Read More..

Recipe: How to Make the Perfect Pancake

When most people think pancakes, they think breakfast. But for Amy Halloran, breakfast is only the start.Halloran, author of The New Bread Basket, is a self-described pancake connoisseur. From a young age, she was entranced by the magic of bubbly batter rising to fluffy cakes on the griddle. Over time, her love of pancakes developed […] Read More..

Inside the Rise of the Local Grains Movement

Our daily bread. Breaking bread together. Bread and butter. These are all common phrases that reflect bread’s foundational role in our diet and in the building of our civilization. The stored energy of grain first allowed our ancestors to shift from nomadic hunting and gathering to building settled communities—even great cities. So why in an […] Read More..

The Limits to Growth and Greece: Systemic or Financial Collapse?

Could it be that the ongoing Greek collapse is a symptom of the more general collapse that the Limits to Growth model generates for the first two decades of the 21st century? Author Ugo Bardi (Extracted: How the Quest for Mineral Wealth is Plundering the Planet) examines the correlation between what is unfolding between Greece […] Read More..

Economic Development is Broken. Here’s How to Fix It

Economic development today is completely broken. That’s the argument of author Michael Shuman in his new book, The Local Economy Solution. The singular focus on attracting global corporations is not just ineffective but counterproductive, Shuman argues, especially given the huge opportunity costs. Indeed, it’s not far-fetched to suggest that the best way most communities can […] Read More..
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