U.S. Reduces Award to Victims of Worst Oil Spill Ever

I admit my heart sank when I read the news that on June 25 the United States Supreme Court reversed the $2.5 billion in punitive damages awarded to victims of the 1989 Exxon Valdez oil spill, the worst and most damaging oil spill in history. The court decided that over the course of 19 . . . → Read More: U.S. Reduces Award to Victims of Worst Oil Spill Ever

Why Monopolies Are Good

The term intellectual property reflects the idea that its subject matter is the product of the mind or the intellect. It could be in the form of patents, trademarks, and copyright. The law protects intellectual property like any other form of property. It can be owned, bequeathed, sold, or bought. Unlike other forms of . . . → Read More: Why Monopolies Are Good

The Unclear Impact of EU Migrants to the UK

When Eastern European countries joined the EU in 2004 and 2007, concerns were raised about a possible flood of migration to the UK, a country already experiencing record immigration levels. According to some media reports, not only would the British labor market be overrun by low-skilled East European workers but the widening of the . . . → Read More: The Unclear Impact of EU Migrants to the UK

Water, Water, Everywhere…

In 1798 Coleridge wrote, “water, water, everywhere, [but not a] drop to drink”. By 2100 this may become “water, water, everywhere, but not a fish to eat”. Carbon dioxide (CO2), a greenhouse gas, may be doing more than warming our atmosphere, it may be acidifying our oceans. According to Dr. Richard Feely, an Oceanographer . . . → Read More: Water, Water, Everywhere…

How You Can Benefit from Companies that Pollute

There’s only so much many companies can do to reduce pollution. A steel smelter can scrub all it wants, and it’s still going to produce pollution. There’s no way around it. Pollution is an inevitable byproduct for many industries.

In order to look better on paper, companies offset their pollution by supporting carbon reduction . . . → Read More: How You Can Benefit from Companies that Pollute

Information at the Speed of Knowledge

Infotopia: How Many Minds Produce Knowledge. By Cass R. Sunstein. Oxford University Press, USA, 2008. 304 pages. $15.95.

If you’re interested in how organizations and societies process knowledge or how what one individual knows diffuses through a larger social matrix, read Cass Sunstein’s Infotopia. It’s not perfect, but it does a fine job of . . . → Read More: Information at the Speed of Knowledge

Poor Countries Reject U.S. Answer to World Hunger

At the UN summit in Rome, which ended June 5, the UN’s Food and Agriculture Organization (FOA) appealed to governments to step up to the plate and provide at least $20 billion per year to help feed the world’s hungry.

On the agenda (at least for . . . → Read More: Poor Countries Reject U.S. Answer to World Hunger