Sustainable Development

Of all of the purposes of government, one of the most important but often neglected is to mobilize science and technology to solve critical challenges. Modern society depends on highly complex technological systems for our safety and prosperity. Without these advanced technological systems, we’d have no chance to sustain national prosperity, much less to meet [...]

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Energy is the lifeblood of the economy. Without ample, safe, and low-cost energy, it is impossible to secure the benefits of modern life. For two centuries, fossil fuels — coal, oil, and natural gas — offered the key to America’s and the world’s growing energy needs. Now, because of global warming, we have to shift [...]

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Donal Trump becomes president of a nation that is deeply divided by class, race, health, and opportunity. In his acceptance speech, he pledged to be the president of all Americans. He also gave a promising hint of how to pursue that objective in practice. Trump is a real estate developer, so it’s not surprising that [...]

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November 7th, 2016

Prosperity in sustainability

President John F. Kennedy inspired Americans to great undertakings by setting bold goals: to go the moon, to overcome racial discrimination, to make peace with the Soviet Union. “I believe that this nation should commit itself to achieving the goal, before this decade is out, of landing a man on the moon and returning him [...]

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The big disappointment in the world economy today is the low rate of investment. In the years leading up to the 2008 financial crisis, growth in high-income countries was propelled by spending on housing and private consumption. When the crisis hit, both kinds of spending plummeted, and the investments that should have picked up the [...]

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Professor Jeffrey Sachs has been awarded the UCD Ulysses Medal for his global contribution. He is widely considered to be one of the world’s leading experts on economic development, global macroeconomics, and the fight against poverty. His work on ending poverty, overcoming macroeconomic instability, promoting economic growth, fighting hunger and disease, and promoting sustainable environmental [...]

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It might be the most ambitious agenda set by the United Nations yet: transforming the world we live in by 2030. But more than a year after the UN announced the Sustainable Development Goals (SDGs), are member states in a position to use them in framing domestic policy? The SDGs – made up of 17 goals, [...]

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The breakthrough American infrastructure of the early 19th century was the Erie Canal, which connected the Midwest farm belt with the Port of New York and the eastern seaboard. In the second half of the 19th century, the railroad offered the next infrastructure revolution by connecting the two oceans and the continent in between. In [...]

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Over the next several weeks, I will explore the economic choices facing the United States and its relations with the rest of the world. The election season obviously makes this timely, yet the real choices facing our country will not be settled in November. The debates will take place over many years. We had best [...]

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