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MODERN ECONOMIES (2) answer(s).
 
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ID:   132159


State of the state: the global contest for the future of government / Micklethwait, John   Journal Article
Micklethwait, John Journal Article
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Publication 2014.
Summary/Abstract The state is the most precious of human possessions," the economist Alfred Marshall remarked in 1919, toward the end of his life, "and no care can be too great to be spent on enabling it to do its work in the best way." For Marshall, one of the founders of modern economics and a mentor to John Maynard Keynes, this truth was self-evident. Marshall believed that the best way to solve the central paradox of capitalism -- the existence of poverty among plenty -- was to improve the quality of the state. And the best way to improve the quality of the state was to produce the best ideas. That is why Marshall read political theorists as well as economists, John Locke as well as Adam Smith, confident that studying politics might lead not only to a fuller understanding of the state but also to practical steps to improve governance.
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ID:   129231


Think again: climate treaties, why the glacial pace of climate diplomacy isn't ruining the planet / Shorr, David   Journal Article
Shorr, David Journal Article
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Publication 2014.
Summary/Abstract An Ironclad Treaty Is the Only Way to Save the Planet. Don't count on it. Time is running short for the international community to tackle climate change. Pressure to act comes from rising temperatures and sea levels, superstorms, brutal droughts, and diminishing food crops. It also comes from fears that these problems are going to get worse. Modern economies have already boosted the concentration of carbon dioxide (CO2) in the atmosphere by 40 percent since the Industrial Revolution. If the world stays on its current course, CO2 levels could double by century's end, potentially raising global temperatures several more degrees. (The last time the planet's CO2 levels were so high was 15 million years ago, when temperatures were 5 to 10 degrees Fahrenheit higher than they are today.) Another source of pressure, however, is self-imposed. Under the auspices of the United Nations, the next global climate treaty -- to be negotiated among some 200 countries, with the central goal of cutting greenhouse gas emissions -- should be enacted in 2015, to replace the now-outmoded 1997 Kyoto Protocol. (Once passed by state parties, the new treaty would actually go into effect in 2020.)
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