As the Global Cities Initiative delegation wraps up its week in São Paulo, Alan Berube reflects on investments in human capital and how they contribute to the economic health and growth of the world’s metropolitan areas.
Via Flora Moon
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Rescooped by David Hodgson from Sustainable Futures onto The Big Picture |
As the Global Cities Initiative delegation wraps up its week in São Paulo, Alan Berube reflects on investments in human capital and how they contribute to the economic health and growth of the world’s metropolitan areas.
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We tend to assume that we must have a single, monopolistic currency, funded through bank debt, enforced by a central bank. But we don’t need any such thing! In fact, the present system is outdated, brittle and unfit for purpose (witness the eurozone crisis). Like any other monoculture, it’s profitable at first but ultimately a recipe for economic and environmental disaster. The alternative is a monetary ‘ecosystem’, with complementary currencies alongside the conventional one. Via ddrrnt, Titia Bruning Delete the scoop?
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