Government Actions this week
Ladakh Floods: A Timeline of Disaster - The Wire
Extreme environmental events and local economies.
Climate change has occurred and the patterns have varied, but either slowly or rapidly a tipping point is reached, after which massive ecological damage occurs. Many species go extinct, but those lucky enough to change with the changed environment manage to survive and prosper. What conclusions should humanity draw? Climate change is happening and will change local and global weather patterns. Will large globally centralized economies be able to change rapidly enough?
A dysfunctional enmeshment
Competition tends to be among the better disciplining forces, as they also encourage and reward change. But when incumbents of various types are integrated into a non-competitive environment they create a massive force intent on conserving status quo. How can innovation occur in such an environment? A well thought through analysis of Indian coal and power sectors.