you are currently viewing::AI Needs More Abundant Power Supplies to Keep Driving Economic GrowthMay 13, 2025--The power-hungry technology requires policies to help expand electricity supplies, incentivize alternative sources, and help contain price surges
AI has the potential to raise the average pace of annual global economic growth according to scenarios in our recent analysis, included in the IMF's April 2025 World Economic Outlook. Source: IMF.org |
May 23, 2025--A provocative new book proposes a radically different approach to economic theory
Among ongoing efforts to rethink the basic tenets of mainstream economics is a provocative new book by James Galbraith and Jing Chen. The authors sweep aside the intellectual structure of mainstream theory-which rests on concepts like the marginal utility theory of value, market equilibrium, and a steady state for the economy-and propose a radically different approach: "entropy economics."
May 7, 2025--A new report, the 2025 Africa Carbon Market Outlook (ACMO 25) says Africa is poised to become a global leader in carbon markets.