In game theory, the “price of anarchy” describes how individuals acting in their self-interest within a larger system tend to reduce that larger system’s efficiency.It is a ubiquitous phenomenon, one that almost all of us confront, in some form, on a regular basis.For example, if

As the Annual Meetings of the International Monetary Fund (IMF) and the World Bank begin in Washington, DC, one member country is conspicuously absent: Venezuela.Yet, there is much to be discussed about the country’s finances.

Poor and rural people around the world rely on plants and animals for shelter, food, income  and medicine.In fact, the United Nations Sustainable Development Goal (SDG 15) on sustainable ecosystems acknowledges many developing societies’ close relationship with nature when i

Next month, signatories to the 1989 Montreal Protocol on Substances that Deplete the Ozone Layer will convene in Kigali, Rwanda, to consider an amendment to the treaty that would gradually reduce, and eventually eliminate, the use of hydrofluorocarbons.HFCs, which are one of the

American voters are angry.

 The G-20’s finance ministers and central bank governors have begun to undertake a stunning shift in mindset.

King Henry VIII, Jean-Jacques Rousseau and Mary Shelley, author of “Frankenstein”, all lost their mothers to infections following childbirth, and literature abounds with tragic stories of maternal death, from “A Christmas Carol” to “Wuthering Heights”, “Far From the Madding Crowd

The last time the atmosphere held as much carbon dioxide as it does today was about 3 million years ago — a time when sea levels were 10-30 metres higher than they are now.Climate models have long struggled to duplicate those large fluctuations in sea levels — until now.Indeed, f

Sandwiched between Angola and South Africa, Namibia suffered mightily during the long struggle against apartheid.Yet, since winning independence from South Africa in 1990, this country of 2.4 million people has achieved enormous gains, especially in the last couple of years.A big