Reform Coalition: “True Cost” Economics & Genuine Progress + True Cost RECAP

Definition of ‘True Cost Economics’ An economic model that seeks to include the cost of negative externalities into the pricing of goods and services. Supporters of this type of economic system feel products and activities that direct or indirectly cause harmful consequences to living beings and/or the environment should be accordingly taxed to reflect the somewhat hidden costs.

Chuck Spinney: Greece in Freefall, Preview of USA in 2013?

Europe in crisis: Greece in chaos Personally and collectively, the Greeks don’t understand and can’t cope with what’s happening now, let alone what will happen next. The welfare state is being swiftly and deliberately dismantled without any time to set up replacements Noëlle Burgi Le Monde diplomatique, December 2011 EXTRACT: The Greeks struggle to see …