Volume 11 No.1 - January/February 2019
Contents
The poison beer of GDPAttempting to maximise the growth of GDP will be socially and environmentally destructive
Herman DalyOur world does not operate as a pure market economy
And neoclassical economics cannot explain it
Dave Elder-VassUS pharmaceutical prices began to explode in the 1980s
Nearly doubling as a share of GDP over the decade
Dean BakerSummary of The Great Transformation by Karl Polanyi
We should focus on ensuring that people have the right to earn a decent livelihood
Asad ZamanRichard Feynman on the limitations of mathematics
Mathematics is a powerful tool but used without discretion can lead one astray
Lars SyllFulfilling the world’s energy demand in the next fifty years
Electricity will be supplied by renewable sources and storage technologies
Mark DiesendorfAn energy revolution is coming
Electrical energy generated from solar panels is cheaper than energy produced from fossil fuels
EditorNews about the Trans Pacific Partnership
Extracted from the AFTINET bulletin of Oct-Nov
EditorThe world’s largest vanadium redox flow battery
Owing to its unique properties, this type of battery will reduce the cost of energy storage
EditorEconomic ‘recovery’ leaves most citizens behind
The labour share of business income has been falling
David Ruccio, Jamie MorganJesus: the economic activist
The Hudson Report: The history of debt cancellation and Jesus’ economic justice activism
Michael HudsonTrump’s war on the Fed
Is the Fed’s stated intention to raise interest rates a mistake?
Ellen BrownThe decoupling delusion
Rethinking sustainability
James Ward et alRenewables reduce energy prices in South Australia
The biggest reason for higher wholesale electricity prices in SA is higher gas prices
Editor