DICE stands for “Dynamic Integrated model of Climate and the Economy”. It’s the mathematical model from which Nordhaus derives the results noted in the previous figures. DICE is based on the [...]
In the last decade or so, the reputation of the U.S. dollar has been widely discredited because it is viewed by many governments around the world as a risky asset since the U.S. economy holds [...]
New York - Last month Pink Floyd frontman David Gilmour sold his guitar collection for $21.5 million, including one piece - his famed “Black Strat” Fender Stratocaster - that went for nearly $4 [...]
In our discussion we designate economic sanctions as “coordinated restrictions on trade and/or financial transactions intended to impair economic life within a given territory”[5]. To the extent [...]
Home ownership has been called “the quintessential American dream.” Yet today less than 65% of American homes are owner occupied, and more than 50% of the equity in those homes is owned by the [...]
Last week’s US GDP for the 1st quarter 2019 preliminary report (2 more revisions coming) registered a surprising 3.2% annual growth rate. It was forecast by all the major US bank research [...]
By Nell Abernathy, Darrick Hamilton, and Julie Margetta Morgan, Rooseveltinstitute.org -
America’s political landscape and economic thinking are shifting. The 2016 election—and the rise of powerful movements over the past decade—has shown us that Americans are calling for change. [...]
During the most recent fiscal year, the 30 companies that make up the Dow Jones Industrial Average gave $378.5 billion to shareholders. That translates to more than $46,000 for each of their [...]
“At Davos, Switzerland every year the global capitalist elite gather to party…and to prepare for the year ahead. This year more than 1500 private jets will reportedly fly in. Thousands more of [...]
Hidden killers caused by food production are making healthy eating impossible for people around the world, according to Cities and Circular Economy for Food. The latest report by the Ellen [...]
"The stock market goes up and down and the market is not the economy. But it is, for many people, their retirement or their college savings plan. And a lot of wealth has been wiped out because of [...]
With the emergence on the U.S. political scene of self-proclaimed socialists like Bernie Sanders, Alexandria Ocasio-Cortez and Rashida Tlaib, and with membership in the Democratic Socialists of [...]
Brazil’s controversial elections pitted far-right Jair Bolsonaro against the center-left Workers’ Party candidate Fernando Haddad. But it was clear which candidate international markets—and [...]
Given his erratic behavior, from daily Twitter eruptions to upping his tally of lies by the hour, it’s hard to think of Donald Trump as a man with a plan. But in at least one area -- reshaping [...]
By Margaret Flowers and Kevin Zeese, Clearing the FOG. -
Compared to other wealthy countries, large sectors of the US economy are more socialized than is realized. From energy to water to transportation, land and more, and from cities and states to the [...]
