Sorry, GDP. There Are Other Ways to Measure a Nation’s Worth
[ad_1] On June 3, 2022, as United Nations members gathered to celebrate the 50th World Environment Day, Secretary-General Antonio Guterres said it was time to eschew using gross domestic product…
The Climate Struggle Literally Hit Home in 2022
[ad_1] That transition to an all-electric life—no more gas stoves or water heaters, either—will also create jobs. One estimate reckons that the IRA will create nearly a million per year over a…
The Time for ‘Catalytic Government’ Is Now
[ad_1] In 1986, US President Ronald Reagan joked that the nine most terrifying words in the English language are, “I’m from the Government, and I’m here to help.” In Britain,…
A New EU Rule Can Expose Greenwashers
[ad_1] In 2023, all companies listed on regulated markets in the European Union will begin applying the Corporate Sustainability Reporting Directive (CSRD), a new rule that will require them to…
Airbnb Is Running Riot in Small-Town America
[ad_1] Kaitlin had been living in the Village of Oak Creek for over two years when she received the notice. It was June 2022 and her landlord had decided to…
Crypto Contagion Is Spreading, Fast
[ad_1] To ensure Genesis wasn’t hamstrung by the loss, its parent company, Digital Currency Group (DCG), bailed it out. But in the aftermath, Genesis cut 20 percent of its workforce to reduce…
China’s Digital Yuan Works Just Like Cash—With Added Surveillance
[ad_1] By the mid-2010s, Chinese people in big cities had generally switched from using cash to using Alipay and WeChat Pay. By the end of 2021, about 64 percent of…
Fintech in Latin America and Africa Is Breaking the Mold
[ad_1] This rings true for a country like Brazil. In 2019 the Central Bank of Brazil created Pix, an instant payment ecosystem that allows people, companies, and government entities to…
Would You Sell Your Vacation Days for Cash?
[ad_1] PTO Genius, another startup launched in 2020, nudges employees that its algorithm guesses are at risk for burnout—based on factors like long hours and behavior changes—to take vacation. The…
Big Pharma Says Drug Prices Reflect R&D Cost. Researchers Call BS
[ad_1] At the end of September, a spot of good news: Relyvrio, a new drug for treating amyotrophic lateral sclerosis—or ALS, a neurological disorder without a cure—was approved in the…
Opendoor’s iBuyer Model Is a Canary in the Economic Coal Mine
[ad_1] And right now, Opendoor’s behavior, driven by the data it sees, augurs bad tidings ahead. “Right now, they’re trying to sell as much of their inventory as fast as…
How Drought and War Are Really Affecting the Global Food Supply
[ad_1] Even if those differences average out nationally—possibly even globally, when you balance Southern Hemisphere production against the US and Western Europe, or the Americas against Central Europe and Asia—there’s…
To Fix Tech, Democracy Needs to Grow Up
[ad_1] There isn’t much we can agree on these days. But two sweeping statements that might garner broad support are “We need to fix technology” and “We need to fix…
The Case for Making Public Transit Free Everywhere
[ad_1] But the rush for free or heavily-discounted tickets can have the opposite effect. In Germany, the first long weekend of the 9-euro-a-month tickets led to overcrowding, service disruptions, and…
A Lawsuit Against Meta Shows the Emptiness of Social Enterprises
[ad_1] Earlier this year, Meta and its largest content moderation partner in Africa, Sama, were accused of union busting, forced labor, and human trafficking. The lawsuit claims that “misleading job…