The issue of devising an efficient and equitable global climate change mitigation agreement is examined. While the possibility of catastrophic damages contingent on unmitigated climate change provides cogent reasons for self-interested, large countries to unilaterally mitigate there are...

The GFC involved the collapse of the largest asset market bubble in history and a massive consequent deleveraging of firms and consumers. This event has highlighted defects of 'capitalism' and suggested an enhanced case for more government control of economies. This view needs refinement. While...