Wealthy Italians are sailing away to calmer shores. In an attempt to reign in alleged tax dodgers, Italian Prime Minister Mario Monti has ordered a crackdown on yacht owners who claim low or no income, The Telegraph reports (h/t The Daily Mail).
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"Some large economies show significantly lower growth when natural assets such as forests and water are factored into growth indicators, an index showed on Sunday, a few days before an international sustainability summit starts in Rio de Janeiro."
Interesting new report from two of the UN's environmental institutions shows that the Beyond GDP debate needs more and faster progress. Via Willy De Backer Delete the scoop?
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The relentless drive for productivity may have some limits; if our economies don’t continue to expand, we risk putting people out of work.
Excellent article by Tim Jackson ("Prosperity without growth") pleading for less productivity and more quality of life to deal with our growth crisis. Via Willy De Backer Delete the scoop?
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