2014/03/21: Britain is in a state of self denial, sitting at the bottom of European league tables, but convinced it still rules the waves. The aspirations of the SNP may seem ambitious, but all they are really proposing is to be a normal European country.
We are creating a permanent class of unemployed Americans.
The anarchist virtual currency may be a hoax. It could also be the global economy's last safe haven
Failed bank tracker Date, Description*, Image, Place*, Location( latitude, longitude), Source*, Source URL*, Total assets of balance sheet of bank at time of failure( EUR+ orig. currency)*, Source( link for total asset of balance sheet), Corporate entity, Acquirer( public or private), Type of r...
2009/10/06; The stock market rallied today because of a slightly better than expected ISM Services number. Considering how much ‘stimulus’ the government has given to the FIRE sector it should be doing slightly better than the real economy.
Another reason the market rallied in New York today was a bullish call on the banking sector by a Goldman Sachs analyst.
Here is a somewhat different analysis of the situation by Chris Whalen of Institutional Risk Analytics. Chris believes that he sees strong evidence that the fourth quarter in the banking industry is going to be a bloodbath.
2017/11/22: I want to tell you a story of economics, love, and death. Kind of a Romeo and Juliet parable for the modern age, where the protagonist are societies, not people, who made a kind of suicide pact
We need an economy that finally cements the most fundamental freedom: to decide how we live our lives. One simple policy can deliver that.
Fablabs, makerspaces, emerging global knowledge commons... These are but some of the outcomes of a growing movement that champions globally-sourced designs for local economic activity. Its core idea is simple: local ownership of the means to produce basic manufactures and services can change our economic paradigm, making our cities self-sufficient and help the planet.
Thinking about first order effects is easy. Thinking about second order effects is hard.
The Sanders generation and a new economic idea.
This project will involve a quantitative and qualitative evaluation of “designed global, manufactured local” (DGML) products from an ecological economics perspective. We will conduct a life-cycle assessment (LCA) of 2-3 DGML technological solutions (e.g. a house, an open source 3D printer, a wireless data transmission, a prosthetic hand). LCA will include an assessment of the energy and material uses of the product from cradle to grave, including during its use and operation. This will be compared against the life-cycle of a conventional technology. Different states will be distinguished, such as extraction of materials, production, transport, disposal of equipment, and the environmental impacts of each assessed. For the assessment, the CML 2 baseline 2000 will be used. Qualitative assessment will be based on observations of the application of the technology, interviews and focus groups such as farmers or makers. Technologies will be compared according to three key criteria for sustainability: (a) “autonomy”; (b) “resilience”; (c) “ecological adaptability”. The end result will be an actual comparison of the environmental and social costs and benefits of the applied technologies, as well as the development of a prototype approach for an ecological-economic evaluation of any DGML solution. Last but not least, this task will provide research and policy proposals in relation to the environmental performance of DGML products, and their implications in terms of resource and energy use, as well as their sustainability in a possible future of resource scarcity and altered environmental conditions.
Yesterday marked the conclusion of the two-day Summit on Technology and Opportunity, an anti-poverty conference cohosted by the White House, Stanford University, and Mark Zuckerberg's charity. Something is wrong here.
The current flatness of the curve shows investors expect mediocre growth.
Economic growth is tearing the planet apart, and new research suggests that it can't be reconciled with sustainability
The subtitle of Pope Francis' stunning new encyclical, "'Laudato Si', On Care for Our Common Home," belies the preference of some that a pontiff not venture into economic matters-Jeb Bush, for instance. Etymologically, after all, economics is the discipline of man
For centuries, experts have predicted that machines would make workers obsolete. That moment may finally be arriving. Could that be a good thing?
Pope Francis' recent trip to Latin America has rekindled questions about whether he endorses socialism, or even communism.
New technologies offer important tools for empowerment - yet democracy is stagnating. What's up?
June is homeownership month, but the housing industry has little to celebrate this year as surveys show fewer Americans can afford a place of their own.