As Central America's Economies Struggle, Guatemala Digs in for a Tax Fight
The global economic decline has hit Central America hard. Unemployment has increased, remittances from emigrants have declined and governments face ri...
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Warren Buffett, Stop Using My Credit Card!
We must stop subsidizing speculators with cheap funding and tax breaks. We have to hold people accountable for malfeasance, break up large financial institutions, and allow them to fail.
Why the Preemptive Break Up of Financial Institutions Would Be Bad for New York -- and America
The global finance industry, with companies and top talent that could locate anywhere in the world, is heavily concentrated in New York, with benefits that reverberate across the country.
The Recession, President Obama and The Future. Do ideas matter?
Recently, the Mayor of London, Boris Johnson, penned an article bemoaning the greed of bankers and hatred of politicians. Indeed, it has been a wid...
Reform We Can Believe In
Prudent homeowners recovering from pest or water damage remove all compromised material before they rebuild. Similarly, surgeons prepare wounds for s...
The Problem With Short-Termism
This financial crisis is not about some sophisticated failure of free enterprise and capitalism. Rather, it's an example fear-based, shortcut laden leadership by the banks and Wall Street.
The Best and Worst Economic Forecasts of All Time
Perhaps the most inaccurate and inept economic forecast of all time was delivered relatively recently by Ben Bernanke who n October '05 said, "There's no housing bubble to go bust"
The economic rain in Spain falls heavily on immigrants
By Tito Drago, Director of Inter Press Service Spain (IPS). Tito Drago (right) with Spanish judge | (derecha) con el juez español Baltasar Garz...
The Problem With Capitalism
That earthquake you felt wasn't caused by the massive shifting of the earth's crust, but by something equally impressive: David Brooks agreeing with M...
Beyond the Tobin Tax: End the Free Ride for the Financial Sector and Impose Fees to Revive the Economy
The most reliable way to expand tax revenues would be to impose a modest fee on every stock, every bond -- in short, every financial transaction.
Dollar, Inflation, Recession Optimism
A world expert on economics delivered a cogent and optimistic analysis of the meltdown, its causes, its cure and its effect on the future at the recent Global Business Forum in Banff, Alberta.
One Stop Shopping for Greening Your Home: Green Depot Has It All
Find out how Sarah Beatty, a determined new green business woman, has earned Green Depot's moniker as America's leading one-stop shop for building solutions.
G-20 Pittsburgh Summit: Reasons to Celebrate?
The poorest countries, hardest hit by the economic crisis, are in a hurry to see their economies rebound and thus renew their peoples' hopes for prosperity.
The Brilliance (and Stupidity) of The Age of Stupid
The film is essentially the same rant against stupid behavior we've heard for years, dressed up in an elaborate, well-intended package.
Exposing the Myth of Irrational Exuberance
Irrational exuberance? We think not. Market participants responding rationally to a range of short term economic incentives are the root causes of the crisis.
China Jitters
The Middle Kingdom has taken its place among the world's most important economies, and China is jittery.
Japan Must Shake Off U.S.-Style Globalization
How should Japan maintain its political and economic independence and protect its national interest when caught between the U.S., which is fighting to retain its position as the world's dominant power, and China, which is seeking ways to become dominant?
Latest Consumer Spending Data Much Worse Than Expected
The centrality of the U.S. consumer to the overall global economy has meant his pulling back on a debt induced shopping spree, which has sparked a worldwide synchronized recession.
China's Exports Plunge
The world's third largest economy is sending worrying signals to those whose best hopes for an end to the Global Economic Crisis reside with China.
Hallelujah, Salvation Is At Hand! Or Is It?
Fundamental problems are not being resolved, but rather papered over: the excess debt of low quality, excess speculation in the financial markets and mushrooming debt and deficits.
Barter Markets: Can Trading Beef for a Backpack Keep Consumption in Check?
One market devotee explained, "It's a way to give value to things. To leave money aside, even if just one day a year, and to encourage more the exchange."
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