3. Economy and Finance

It aims to attempt deciphering economic and financial questions – we’ll definitely need your help on this one…

  • It’s not IS we should fight against – it’s obscurantism

    After having published a post yesterday (No more bombs) arguing that the West won’t win peace by dropping more bombs and should instead fight against inequality and injustice, Chris, a follower of Making Sense of Things on Facebook asked if we had “any advice for what people should do to counter [the Islamic State]? Or should it just be allowed to continue? They won’t allow a diplomatic solution, as they believe any negotiation is sacrilegious, let alone voting?” This question is very relevant indeed. How can we negotiate with IS if we can’t even talk with them? I understand that throwing 20 bombs at the Islamic State, like the French warplanes…

  • No more bombs

      I now live in Australia but I’m French. I’ve lived several years in Paris where many of my friends and family members still live. Two of the attacks occurred in the same street where by my best friend lives. His partner’s sister was enjoying drinks with her friends in one of the restaurants were so many people got killed on this tragic Friday the 13th. Luckily she survived.  I was touched by the outpour of solidarity I have received, my warmest thanks to you all. I read lots of articles and watched heaps of media about the Paris attacks. Yet, I started quite rapidly to feel uncomfortable at the world’s focus on…

  • What ‘Peak Oil’ means, and how you can benefit

    We don’t know how you feel about it, but personally, we struggle with the concept of Peak Oil. The concept itself is easy to understand – basically, Peak Oil refers to the maximum extraction rate of oil after which, oil being a finite resource, the rate of extraction declines. What we struggle with then, is not the concept itself, but the consequences it implies for me, for you, for us all. As we’ll see below, our industrialised societies are oil-junkies. But try preventing an addict to get his drug by dramatically decreasing his supply in a short amount of time and you’ll rapidly see the effect: tensions at best, hostility…

  • Enough already!

    Yesterday, I was emphasising the need for a systemic economic change. There is nothing original about that, as it seems that an increasing number of people understand the limitations and self-destruction of our current social and economic models. As a matter of fact, the Chronicle.com has asked scholars’ views on what will be the defining question of the coming decade and why. It offers a variety of worthwhile reading answers, and one in particular has struck me. According to Professor Pat Shipman, “the defining idea of the next decade is ‘enough.’ […] The day of ‘enough’ is coming. “Enough” is part of a reaction against the overwhelming greed, violence, dishonesty, and…

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