Summary This page contains a few curated news stories relating to the global economy. They are listed below in chronological order with the source and date for each entry. Self-Fulfilling Prophecy Speculation about an economic downturn is probably the primary cause of economic downturns. At the end of 2022, many tech firms began laying off… Continue reading Global Economy News 2022
Digital Currency Report 2022
Summary This document provides general information and a few curated news stories relating to the state of digital currency at the end of 2022. About Digital currency and cryptocurrencies like Bitcoin and Ethereum promised a kind of “power to the people” — giving individuals the opportunity to create wealth through mining systems. As the value of… Continue reading Digital Currency Report 2022
Adrift: America in 100 Charts — Scott Galloway
Summary This page offers information and video interviews relating to Scott Galloway’s new book Adrift: America in 100 Charts. Links Articles Book Description from Amazon We are only just beginning to reckon with our post-pandemic future. As political extremism intensifies, the great resignation affects businesses everywhere, and supply chain issues crush bottom lines, we’re faced… Continue reading Adrift: America in 100 Charts — Scott Galloway
Global Economy News 2022
Summary This page provides some reports about the economy for the United States and the world. Fortune (16 Oct 2022) “The economist who just won the Nobel Prize warns the Fed will cause ‘all kinds of trouble’ if it continues on its current path” — The University of Chicago has long been known for its… Continue reading Global Economy News 2022
Coronavirus Capitalism — and How to Beat It
[Source: The Intercept, Naomi Klein, 16 Mar 2020] Governments around the world are busily exploiting the coronavirus crisis to push for no-strings-attached corporate bailouts and regulatory rollbacks. “I’ve spent two decades studying the transformations that take place under the cover of disaster,” writes Naomi Klein. “I’ve learned that one thing we can count on is… Continue reading Coronavirus Capitalism — and How to Beat It
Henry George – Progress and Poverty
Praise for Progress and Poverty Among many famous people who asserted that it was impossible to refute George on the land question were Winston Churchill, Leo Tolstoy, John Dewey, and Bertrand Russell. Tolstoy and Dewey, especially, dedicated much of their lives to spreading George’s ideas. Tolstoy was preaching about the ideas in Progress and Poverty… Continue reading Henry George – Progress and Poverty
Why It’s Cheaper To Have A Baby In Finland Than The U.S. (CNBC, 14 Feb 2020)
As 2019′s happiest country in the world, Finland is undoubtedly a great place to have children. With lengthy parental leave, hundreds of dollars worth of free baby products in the signature baby box and low-to-no childbirth costs, here’s why it’s better to have a baby in Finland than in the U.S. (CNBC, 14 Feb 2020)… Continue reading Why It’s Cheaper To Have A Baby In Finland Than The U.S. (CNBC, 14 Feb 2020)
What is economic value, and who creates it?
Where does wealth come from, who creates it and what destroys it? In this deep dive into global economics, Mariana Mazzucato explains how we lost sight of what value means and why we need to rethink our current financial systems — so capitalism can be steered toward a bold, innovative and sustainable future that works… Continue reading What is economic value, and who creates it?
Nick Hanauer on Building Successful Economies
Rising inequality and growing political instability are the direct result of decades of bad economic theory, says entrepreneur Nick Hanauer.
Returning to the Town that Walmart Left Behind
When Walmart moves into rural towns, the impact on local small businesses can be devastating and often results in local stores closing down. Even more devastating is the wasteland left behind when a Walmart pulls out of a community after homogenizing the local economy. Educational preparedness and workforce readiness are hindered. In other words, the… Continue reading Returning to the Town that Walmart Left Behind
Rising California Housing Cost Resulting in High Rates of Homelessness and Poverty
Housing costs in California are rising faster than other states. Between January 2012 and January 2019, list prices for homes rose 85.4%. Here are three of the key conditions that sent prices soaring. Video and photo composite: Carlos Waters for The Wall Street Journal. (8 Mar 2019)
PBS NewsHour: After many years in decline, homelessness is on the rise. (28 Oct 2018)
Since 2010, homelessness had been declining, but in 2017 a rise in homelessness began. By our most recent accounts there are now 554,000 homeless people in the U.S. with many of the working poor being without a place to live. They could be paid more, but paying workers more would require CEOs and stockholders to get… Continue reading PBS NewsHour: After many years in decline, homelessness is on the rise. (28 Oct 2018)