Economy | Ethically Clothed

North Korea vs. Cuba: different ways of managing scarcity

March 9, 2017March 9, 2017 by Kaminaga Takako

As the world strives to become one complex society, as opposed to many independent ones, more eyes than ever are on politically isolated countries such as North Korea and Cuba. Both live under the scrutiny of other nations trying to figure out how long they can survive without further cooperation…

The 4th Industrial Revolution

February 2, 2017February 2, 2017 by Kaminaga Takako

We live in a fascinating time. Self-driving cars, virtual reality, artificial intelligence, 3-D printers and service robots exists and are being perfected everyday. Smart technology is defining a new era, a Fourth Industrial Revolution. Smart machines and technologies are changing our expectations, our decisions and our world. As the caretakers…

Diminishing Returns: More Is Not Always Better

January 19, 2017January 19, 2017 by Maram Jawdat

Some people find economics boring and stale. That’s too bad. Whether we like it or not, we are impacted by economic decisions every day. Every time we buy something, use something, or create something, we are involved in the process of economics. The Law of Diminishing Returns The law of…

Are Graphene Batteries the Future?

January 5, 2017January 5, 2017 by Alexis Nat

Graphene is a revolutionary new technology that enables more powerful, longer lasting batteries to be produced that have a recharge capability of up to 10 times faster than current rechargeable batteries. Besides a fast recharge, battery life itself has also been extended. With all our modern electronics that is dependent…

Climate Change Denial: We Know Better

December 29, 2016December 29, 2016 by Maria Zorion

Just as there are still people who perpetuate the notion that the earth is flat, there are people in this world who deny the existence of climate change. One of their biggest arguments against global warming is the concept of climate cycles. Many feel that the hole in our ozone…

The Jevons Paradox

December 22, 2016December 22, 2016 by Kaminaga Takako

William Stanley Jevons was an English economist who addressed an important concern about the use of coal in 19th century industrial England. Just the way peak oil concerns people today, the English were worried about depleting the coal reserves needed to fuel their factories. Increases in mechanical efficiency would have…

Triple Bottom Line

December 1, 2016 by Maria Zorion

Triple bottom line refers to a business practice where the profit/loss of a business, or the “bottom line” as it is otherwise known, becomes tied to social and environmental outcomes as well as profit. For the fashion industry, this takes on a unique view of ethical fashion as an opportunity…

Peak Oil

November 17, 2016November 19, 2016 by Maram Jawdat

In 1956, an American geophysicist named M. King Hubbert wrote a paper on the topic of “peak oil.” The treatise expounded on his theory that, given the current use of oil, the recognized available sources of the resource and the projected needs of industrialized nations in the future, oil production…

Circular Economy – Sustainability at its Best

November 3, 2016November 3, 2016 by Alexis Nat

Circular Economy: A Responsible Economic Model Currently, many people abide by a “take, create, dispose” model, also known as Linear Economy. This requires large amounts of cheap and easily attainable energy and materials. Obviously, this type of economic model is not sustainable long term. As a solution, the Circular Economy…

How Bad is Food Waste Nowadays

October 27, 2016October 27, 2016 by Maria Zorion

When most people hear the term "food waste" they assume it refers to food that has gone uneaten and subsequently been thrown away. While that is considered food waste, that is not the only way food is wasted. Here are some facts about the reality of food waste. Where Does…

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