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Tag: economy

Why Buy Local? Why Not? [Infographic]

Feeling the need to do some holiday shopping over the next few days? No doubt, some will find Black Friday (or, shoot, Black Thursday now) deals too tempting to resist. But if you can wait a day, and focus your buying on small, local businesses on Small Business Saturday, you’ll avoid a lot of environmental impact, and do more good for your local economy.

Full-Cost Pricing: Getting the Market to Tell the Truth

The key to restructuring the economy is to get the market to tell the truth through full-cost pricing. If the world is to move onto a sustainable path, we need economists who will calculate indirect costs and work with political leaders to incorporate them into market prices by restructuring taxes. Full-cost pricing that will create an honest market is essential to building an economy that can sustain civilization and progress.

Global Economy Expanded More Slowly than Expected in 2011

The global economy grew 3.8 percent in 2011, a drop from 5.2 percent in 2010. Economists had anticipated a slowdown, but this was even less growth than expected, thanks to the earthquake and tsunami in Japan, unrest in oil-producing countries, the debt crisis in Europe, and a stagnating recovery in the United States.