Corporations account for 78 of the world’s 100 largest economies, yet they remain cloaked in mystery. TNI’s State of Power 2020 report takes a deep dive into capitalism’s preeminent institution. [...]
On the other hand, socialism was the name adopted by Western European — and especially Scandinavian — “welfare-state” governments, which aimed to regulate markets comprised still mostly of [...]
A five-alarm fire has broken out in a little known, but critically important area of the financial system where high-quality bonds are swapped for cash. The “repo” market, which is short for [...]
Things aren't working out the way many of us hoped. But we could learn something from this small entrepreneurial nation. The 21st Century is not working out the way many of us hoped: we witness [...]
We’re in the longest economic expansion in U.S. history, but the top line numbers don’t tell the whole truth. Low unemployment is finally starting to produce some wage gains, but it is going to [...]
Eisenhower surly must be spinning in grave given how much influence the military industrial complex wields today. In 1960, the military budget stood at $344 billion; today, the military complex, [...]
Why do so many Americans deeply distrust government? One part of the reason, two top economists suggested to a key congressional committee this week, just might be the most basic — and familiar — [...]
As every year, mainstream economists lined up to laud the choice. Dani Rodrik declared it “a richly deserved recognition.” Richard Thaler, who won the award in 2017 (here’s a link to my [...]
Over this weekend, China’s Yuan currency broke out of its band and devalued to more than 7 to $1. At the same time China announced it would not purchase more US agricultural goods. The Trump-US [...]
For many, the economic recovery being touted by the mainstream media has not yet affected them. About 25% of Americans say that a decade after the housing bust that caused the Great Recession, [...]
We haven’t seen stock prices slide like this in a long time, and if this keeps up we could soon be looking at an avalanche. Our rapidly escalating trade war with China and more bad U.S. economic [...]
On a “mission to save my neighborhood,” Burnell Cotlon, an Army veteran, built his Lower 9th Ward Market literally by hand, shingle by shingle. Today, his counter wall features cameo shots with [...]
One of the big trends of 2017 was the ongoing “retail apocalypse,” the apparent disaster of declining sales and store closures facing brick-and-mortar retailers. Well, 2018 was more of the same. [...]
In 2018, a very significant economic change occurred, which sealed the fate of the U.S. economy as well as some other economies around the globe. This change was the shift of central bank policy. [...]
In recent years, many researchers and social activists from very different countries, like myself, have rediscovered the notion of the commons as a key idea to deepen social and environmental [...]
