Scientific Realities Puncturing Bubble Finance By Hazel Henderson © 2012 For Interpress Service, distributed as “Science Can Restrain Runaway Finance” The urgent need for a paradigm shift in economics and its financial and mathematical models has been widely-recognized for decades. Recently, Credit Suisse research as well as complexity theorists at …
About Time: the case for shorter working hours
As you read this, the UK is sliding back into recession, unemployment across Europe is at a record high, and uncertainty stalks China and the other rising economies. Politicians call for austerity and little else. But spending cuts are economically illiterate. They wreck weak economies, locking them into a cycle …
ITUC OnLine: Progress on Jobs As G20 Puts Real Economy Back in the Race
INTERNATIONAL TRADE UNION CONFEDERATION ITUC OnLine 204/041111 Progress on Jobs As G20 Puts Real Economy Back in the Race G20 Calls for a Global Strategy for Growth and Jobs Cannes, 4 November 2011 (ITUC OnLine): The international trade union movement said “the G20 is back”. Leaders have engaged again with …
Marshall Auerback: There is No Progressive Case for Deficit Cutting – The Myth of the “Virtuous” Clinton Surpluses
An article from Naked Capitalism Marshall Auerback: There is No Progressive Case for Deficit Cutting – The Myth of the “Virtuous” Clinton Surpluses Posted: 17 Jul 2011 10:06 PM PDT By Marshall Auerback, a portfolio strategist and hedge fund manager For once, President Obama has sought to address his progressive …
World’s Wealthiest Richer than Before Credit Crunch!
hat tip to Barry Ritholtz! World Wealth Report reveals soaring numbers of rich individuals in Asia Pacific region – but slower growth in Britain We are not all in this together. The UK economy is flat, the US is weak and the Greek debt crisis, according to some commentators, is …
How Economists Facilitated the Crisis and Must Now Be Held Accountable
This article is part I of III, of Mr. Zarlenga’s address at the Eastern Economic Association Annual Meeting in NYC on February 26th, 2011. Listen to it here. The ongoing financial crisis presents a rare opportunity for monetary and banking reform. There’s no denying that the present “Economics Regime” has …
Winds of change for social justice and democracy 1 May 2011
INTERNATIONAL TRADE UNION CONFEDERATION ITUC OnLine 091/280411 “Winds of change for social justice and democracy 1 May 2011” “Brussels, 1 May 2001 – common statement of the ITUC and its Global Unions partners”. Brussels, 29 April 2011 (ITUC OnLine): Today as trade unionists around the world celebrate the role of …
How Wisconsin Could Turn Austerity into Prosperity – Own a Bank
How Wisconsin Could Turn Austerity into Prosperity – Own a Bank Ellen Brown March 5, 2011 http://WebofDebt.com/articles Public sector man sitting in a bar: “They’re trying to take away our pensions.” Private sector man: “What’s a pension?” — Cartoon in the Houston Chronicle As states struggle to meet their budgets, …