As everyone knows, Adam Smith invented the theory that individual self-interest is, and ought to be, the main motivating force of human economic activity, and that this, in effect, serves the wider social interest. He put forward a detailed description of this concept in an immense book, “The Wealth of Nations” (1776).
Adam Smith (1723-1790) had been Professor of Logic at the University of Glasgow, but in 1764 he withdrew from his position at the university to become the tutor of the young Duke of Buccleuch.
In those days a Grand Tour of Europe was considered to be an important part of the education of a young nobleman, and Smith accompanied Buccleuch to the Continent. To while away the occasional dull intervals of the tour, Adam Smith began to write an enormous book on economics which he finally completed twelve years later.
KAMPALA/KIKUBE/RWAMWANJA, Uganda , Dec 21 2020 (IPS)* – Thirteen-year-old Wita Kasanganjo is a pupil at Maratatu Primary School in the Kyangwali Refugee Settlement based in Uganda’s Hoima district. But last month, when Uganda’s President Yoweri Museveni ordered the re-opening of schools for the first time since the mid-March nationwide closure, Kasanganjo was not part of the returning group of students. The government, in a cautious lifting of coronavirus lockdown restrictions, has allowed only pupils who are part of the final year or candidate classes to return to their schooling.
21 December 2020 (UNEP)* — In 2014, coral reefs around the world turned a pallid white from heat stress. The bleaching began in the Pacific and rapidly spread across the Indian and Atlantic oceans. The so-called Third Global Bleaching Event lasted for 36 months, marking the longest, most pervasive and destructive coral bleaching incident ever recorded.
Though over now, the world’s reefs remain in hot water.
Photo by Sebastian Pena Lambarri / Unsplash / 21 Dec 2020
A new United Nations Environment Programme (UNEP) report says worldwide mass bleaching events, like the one that began in 2014, could become the norm in the coming decades.
The report’s updated climate models demonstrate that coral bleaching is happening faster than anticipated and the future health of the world’s reefs is inextricably tied to reducing greenhouse gas emissions.
