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The Consequences of Living in an Economic Free-For-All
New book "The Gods That Failed" explains how limited liability companies help privatize profits and make the public absorb the losses.Editor's note: The following is an excerpt fromThe Gods That...
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US Jobless Figure Drops to Lowest Rate in Four Years — But It's Still Way Too...
Over 160,000 new jobs created as unemployment rate drops to 7.4%, though bond-buying program continues unchangedThe US unemployment rate fell to its lowest level in more than four years last month, but...
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Dire Warning: Richest 1% Will Soon Control Half of World's Wealth
Charity Oxfam warns of widening inequality gap, days ahead of Davos economic summit in Switzerland.Billionaires and politicians gathering in Switzerland this week will come under pressure to tackle...
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End Fossil Fuel Subsidies Now and Start Carbon Tax, Urges World Bank Chief
Jim Yong Kim says its crazy that govts have increased the use of coal, oil and gas by giving subsidies.Poor countries are feeling “the boot of climate change on their neck”, the president of the World...
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Climate Change Disaster Is Biggest Threat to Global Economy in 2016, Say Experts
Global warming heads top economists’ concerns for first time but large-scale forced migration seen as most likely risk to materialise A catastrophe caused by climate change is seen as the biggest...
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