What is Circular Economy?

The purpose of circular economy is to prevent waste while promoting sustainable economic growth. Manufacturers have to design reusable products. The model follows the production-use-recycling-production cycle.

The circular economy is more profitable and less harmful to the...

A linear economy is a traditional model based on a 'take-make-consume-waste' approach to using resources.

The raw material is made into a product. After the product comes to the end of its life, it is thrown away. If this model is not replaced, the world will reach a point...

Over 50 years ago, economist William Baumol noted that economics was a theory of the economy that left no place for entrepreneurship. Economic models, simply put, were “entrepreneur-less.” Economics is no better today; in fact, it’s arguably worse. It focuses on faceless economic...