Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced by the Massachusetts Institute of Technology, which Samuelson helped build into one of the world’s great centres of graduate education in economics. In receiving the Nobel Prize in 1970, Samuelson was credited with transforming his discipline from...
More »SEARCH RESULT
Science and the layman by SL Rao
Governments and people have to make choices about accepting new scientific developments into their daily lives. Many attribute high levels of objectivity and integrity to scientists, which is not true of many of them. Scientists have been known to manipulate results to their advantage. Scientific issues are often complex, there are differing views among scientists and the layman finds it difficult to decide which scientific course is harmful or beneficial....
More »Easing change in the climate will be costly by John M Broder
In energy infrastructure alone, the transformational ambitions the Copenhagen meet is expected to set will cost more than $10 trillion in additional investment. If negotiators reach an accord at the climate talks in Copenhagen it will entail profound shifts in energy production, dislocations in how and where people live, sweeping changes in agriculture and forestry and the creation of complex new markets in global warming pollution credits. So what is...
More »Put agriculture high on agenda by William D Dar
The G8 countries have promised to increase the spending on agricultural development by $20 billion over the next three years. The amount is woefully less than the $44 billion that will be needed each year to end malnutrition. At the world leaders’ meeting in Copenhagen, it is imperative that governments pledge to adopt up-to-date technologies to boost food production as well as outweigh the negative impacts of climate change. A...
More »Back to basics
A STEELY lot, India’s negotiators for the Copenhagen climate talks, to be held from December 7th, are still afraid of abandonment by China. India’s position looks formidable, so long as the world’s other and mightier billion-strong developing nation shares its demands: for the sanctity of the principles enshrined in the Kyoto protocol (KP), which exempts developing countries from having to curb (or mitigate) their carbon emissions. India’s champions therefore had...
More »