The eurozone cannot survive in its current form – that is the alarming prediction of top economists and politicians of all political hues, among them the former Chancellors Alistair Darling, Nigel Lawson and Norman Lamont. READ MORE at The Independent.[...]
Posts Tagged ‘Economics’
The Economy: China Inc. may understand POGO!
While the Republicans seem to think that the US economony is a chess piece in their politics, the world economy is the victim. In contrast. not troubled by messy concepts like Democrtacy, the Chinese see a long-term global recession as certain to happen and China Focus on domestic problems. BEIJING [...]
November 13th, 2011 - 12:11 pm § in America
Berkeley Blog: Capitalism in a Social Democracy
This article about the Finish economy came to my attention after a lecture at TownHall. Jeff Sachs showed frightening data … the US has fallen to the bottom of the industrial, developed democracies in growth rates and, especially, in terms of upward mobility. Sachs’ argument comes do[...]
October 23rd, 2011 - 6:10 am § in Politics, The Ave Scene
SUNDAY REVELATIONS: A good deed for today!
UPDATE: Repost of a post on the UW AAUP listserv by Ed Clark, Prof. of Immunology Although the AAUP has expressed support for the Occupy Wall Street (OWS) movement, unfortunately only a few of us have been able to show up at rallies behind the AAUP banner has been. Most of us are very busy, yet[...]
October 15th, 2011 - 6:34 am § in China
SLIPPERY SLOPE: Middle class China turns to private health insurance
By Linda Pressly Reporter, BBC News 18 July 2011 excerpts Over half of all healthcare in China is paid for by the consumers themselves Healthcare – and how you pay for it – is one of life’s big worries. In China few people have private health insurance but the market is growing. Po[...]
POLITICS: The Harvard Prof Surges Against the Tea Party Favorite
I am a big fan of the idea that university faculty can and should be politically active. One reason I voted for President Obama was his impressive academic record. Less than a week ago. Harvard Law Profesor Elizabeth Warren launched her campaign for the democratic nomination for U.S. Senate in[...]
BERKELEY BLOG
How to create more jobs by lowering wages: Texas and America Robert Reich, professor of public policy | 9/14/11 Perry and Romney can duke it out over who created the most jobs, but governors have as much influence over job growth in their states as roosters do over sunrises. States don’t have thei[...]
September 3rd, 2011 - 12:56 am § in Environment
2,000 Yrs. in One Chart: 23% of all Goods, Services Made Since 1 A.D. Were Produced This Decade
from Carpe Diem and the Economist The chart above is from The Economist and shows a “population-weighted history of the past two millennia” based on “economic output” and “years lived.” According to The Economist: “By this reckoning, over 28% of all the hi[...]
August 31st, 2011 - 8:59 am § in America
U.S. Government Sues to Block AT&T T-Mobile Merger Lenin made a powerful argument against capitalism. The Russian predicted that corporate self interest would dictate a concewntration of the media … not justn intgo one monoploy but nto an oligopoly of shared interests that would snake de[...]
If Britain ruled the seas, America may be emerging as the ruler of the cloud.
Apparently a single juror held out for Microsoft’s side of the case. Novel’s lawsuit against Microsoft’s monopoly over the word processing market has ended in a hung jury. Novel says it will continue the suit. The big issue is not Microsoft’s tactics or Novell’s [...]