Date: 05‑08‑2021
Source: Project Syndicate by Diane Coyle
Diane Coyle, Professor of Public Policy at the University of Cambridge, is the author, most recently, of Markets, State, and People: Economics for Public Policy.
System change is required to avert potential catastrophes such as climate change‑induced weather events, declining agricultural productivity, and future pandemics. But it is difficult to get people to tackle such threats in concert when most perceive only a slow deterioration.
CAMBRIDGE – In his elegiac memoir The World of Yesterday, which he wrote while in exile from the Nazis, the Austrian writer Stefan Zweig observed that most people cannot comprehend the prospect of catastrophic changes in their situation. Things can get incrementally worse for a long time without prompting a reaction. Once catastrophe strikes, it is too late to act.
Dramatic changes are occurring in our times, too, and we must hope that it is not yet too late to address them. Unfortunately, sufficiently urgent, coordinated, and decisive action will likely be difficult to mobilize when most of us – like the proverbial slowly boiling frog – perceive change to be incremental. So, it is worth asking what we might be facing if the worst happens. Den Rest des Beitrags lesen »