BeyondGenius.com

The Kyoto agreement; a way to allow market forces help us clean up the environment by buying and selling credits to cover a country’s ability to pollute.  There’s a certain genius in the concept; it creates revenue centers for things that were previously part of the tragedy of the commons, but there are also pitfalls.  [...]

Companies today cross borders in search of a competitive edge, whether it be cheap labor, tax breaks, or acquisition of a valuable but troubled competitor. The pursuit of profit is for all intents and purposes both universal and amoral. The invisible hand of the marketplace has no qualms about hitting a “national champion” of a [...]