Is Washington tacitly operating under a new monetary theory?

The recently passed federal tax cut seems perilous for the United States government and economy. But even as some financial commentators have for years predicted chaos in the U.S. financial system resulting from soaring federal deficits, the government and the economy move forward with little disturbance. Washington, it appears, has adopted a new set of financial assumptions and they seem to be working.

Do we have the wrong model of human nature?

Are we wrong to believe that competitiveness must and always will be the central animating principle of human action? Media studies scholar Michael Karlberg thinks so. In fact, he believes that another animating principle, mutualism, is both central to human interaction and necessary to aid human society in meeting the myriad challenges it faces regarding climate change, inequality, governance, education and many other issues.

Agriculture and climate change: Is farming really a moveable feast?

There is a notion afoot that our agricultural production can simply migrate toward the poles in the face of climate change as areas in lower latitudes overheat and dry up. Few people contemplate what such a move would entail and whether it would actually be feasible.

Local currencies: The wasted opportunities

Within alternative movements there is much interest in introducing local currencies and they have been central elements in many Transition Towns and other initiatives. Unfortunately I think most of these have been quite misguided, failing to grasp the power a local currency can have, and not likely to make a significant contribution to goals such as town sustainability and resilience.

Look at the big picture, avoid groupthink, remember history

Our political, economic, and social culture encourages people to avoid the big picture, succumb to groupthink, and ignore history. It’s much easier to maintain our peace of mind if we simply conform our opinions with those around us and avoid a tedious examination of the facts. However, the price we potentially pay is that we will get blindsided by what in retrospect seems an obvious problem. That’s when most people finally adjust their worldview to new realities. But by then, any damage is generally already done.