If you have something to say...
Say it on the Huffington Post
If you have something to say...
Say it on the Huffington Post
Today, millions of people face extreme insecurity as a result of conflicts and economic crises -- not only in acute conflicts like Syria but also in many lower-profile crises.
Simple economics teaches us that we have a self-correcting economy but whenever we're all mired in the throes of an exciting market, we seem to develop amnesia for what could happen based on how similar markets have transpired in the past.
Trickle-down economics is the first cousin of austerity economics. Austerity is nuts when so many millions are out of work. And as we've learned before, trickle-down is a fraud. Nothing ever trickles down.
Despite the Twinkie's admirable resilience, there is still an entity that the company's new CEO, C. Dean Metropoulos, feels he needs to protect Twinkies from: unreasonable labor unions.
The financial institutions' focus on generating economic growth without ensuring the concomitant increase in jobs, and the inequality this generates, is partly to blame for the waning public support for global economic integration.
Why is it that store-bought penny candy never gives you the same high when you're reintroduced to it as an adult? Is it because corporations keep finding cheaper ways to produce it, using lesser ingredients than they did back then? If so, how come it's still so darn expensive?
How do we know the difference between head-in-the-sand hope and eyes-wide-open hope? One is a killer; the other, a life-giver.
The United States must have a proper defense. That does not require military spending equal to the rest of the world combined, nor does it mean jumping into conflicts because the Beltway foreign policy cabal claims that "doing something is better than doing nothing."
I know what you're thinking: "The national debt never looked so fabulous!" But we the people of The Soup think the government is missing a huge sponsorship opportunity. Think about it: dollar bills are basically millions of little flyers. In other words, they're just unused ad space!
By addressing the large gaps in high school graduation rates between white students and students of color, the nation could see large fiscal gains while improving the lives of millions of young Americans.
Speed. Age. Glocal. Uncertainty. Innovation. I hear business leaders actively talking about these trends as separate entities. But it is clear to me that they are interrelated and must be taken as a whole to sustain profitable growth in this new age.
Reinhart and Rogoff seem to be correct in one basic respect: Economic growth does seem to be lower in very-high-debt countries. But the entire debate over their paper's flaws begs the central question of cause and effect. Is growth lower because of the high debt? Or does cause-and-effect the other way around?
Michael Hecht draws inspiration from the city leaders and planners who designed the all-new Chicago after the Great Fire in 1871. The Chicago fire was...
Solar Grew 5x Faster Than Rest of US Economy in 2012, reports Joe Romm at Climate Progress, adding 14,000 new jobs in California, Arizona, New Jersey ...
Weeding Corporate Power out of Agricultural Policies: Communities Mobilize for Food and Farm Justice
It regulates agricultural subsidies, food stamps, school lunch programs, rural conservation, and much more. Given the heavy impact this set of laws has on our daily lives, more and more people are asserting the need for public participation in crafting the legislation.
Rethinking and reforms are both taking place. But we still do not know the final destination, be it for the redefinition of monetary policy, or the contours of financial regulation, or the role of macroprudential tools.
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