Word: consumptionism
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Many carmakers and governmental officials are focusing on electric cars and plug-in hybrids as the future of the industry. What's your take on that? Hybrid technology has been around for how many years now? Yet its percentage of total vehicle sales is around 3%. It takes a very...
The renewable energy purchase, orchestrated by the University Operations Services (UOS), makes Harvard a leader in green power consumption, catapulting it from the twelfth to the fourth largest green power consumer of US Colleges and Universities, according to an October 2009 EPA report.
It isn't just indiscriminate bank lending that has retarded moves toward rebalancing. Outright government subsidies to businesses have increased in the past 12 months. Everything from bicycle makers to textile producers to chemical companies have seen their export subsidies rise because their markets worldwide were shriveling, and a panicky...
It's the Chinese side of the equation, many economists believe, that remains unaddressed. Far from making the promised progress on needed structural reforms, China has either stood pat in the past year or has probably regressed in terms of taking steps that would reorient its economy toward consumption and...
Mexico has finally altered its approach to the drug problem, if only slightly. In August, Mexico legalized the possession of small amounts of heroin, cocaine, and marijuana. While this may bring about slight improvements in the justice system in Mexico, the law is unlikely to halt the violence that stems...