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7 of the Biggest Reasons America Is Screwed

12 minutes agoNews / Independent News : AlterNet

Why the wealthy and the right always prevail. Our current political situation is unprecedented. The vast majority of Americans keep falling behind economically because of changes in society's ground rules, while the rich get even richer -- yet this situation doesn't translate into a winning politics. Show More Summary

Majority of US Citizens Support Nuclear Deal Between P5+1, Iran - Poll

Some 59 percent of respondents said they would endorse lifting international economic sanctions against Iran if Tehran restricts its nuclear program, according to the news poll.

Rich nations’ fossil fuel export funding way above green spend

Rich nations provided around five times as much in export subsidies for fossil-fuel technology as for renewable energy over a decade, according to the Organisation for Economic Co-operation and Development data seen by Reuters. ||| Barbara...Show More Summary

Economic Nonsense: 36. It is important to ensure that the finest minds are directing the economy

This commits the Platonist fallacy of supposing that the problem is to find the wisest, noblest rulers.  The assumption behind it is that we will come out best if only the right people end up in charge.  In “The Open Society and its Enemies,” Karl Popper exposes the fallacy.  The problem is that that whatever […]

China orders military to keep barracks simple, guard against excess

BEIJING (Reuters) - China ordered its military on Tuesday to build barracks as simply and economically as possible and avoid using ostentatious or imported building materials, as part of a broader crackdown on graft and excess.

Can money buy your kids a bigger brain?

3 hours agoHealth : Booster Shots

Research has shown that a person's position in the economic pecking order can have a lasting effect on cognitive development. But can it also affect the size and shape of the brain?

March 30th Blogger Sentiment Poll

24/7 Wall St The Aleph Blog (-) Biiwii BullBear Trading Carl Futia (-) Dash of Insight (+) Dividend Growth Investor (+) Elliot Wave Lives On Fallond Stock Picks (N) Global Economic Intersection (-) GEI – Investing Blog (-) Humble Student...

Competition rules set for shake-up

Revamp needed to raise living standards and meet economic challenges, Harper review says.

Obama, Last Election Behind Him, Plans First Visit as President to Kenya

5 hours agoNews : NYTimes: News

President Obama will travel to Kenya in July to co-host a forum on entrepreneurship as part of an effort to support economic development in Africa.

How economies can rise above the 'new mediocre'

For many advanced economies, economic growth has been sluggish since the GFC, but there are a number of reforms that can lift them out of their malaise.

Australia faces a credit dilemma

The composition of credit in the Australian economy does not bode well for long-term sustainable economic growth.

Buoyant Economic Reports Push the Market Up

Traders welcomed a government report showing strong economic data in February, while another report pointed to a healthy spring buying season.

This is what free, ad-supported Uber rides might look like. Mockups, economics, and analysis.

Cheaper and cheaper rides Free, ad-supported Uber rides are inevitable, and if Uber doesn’t do them, a different competitor – perhaps Google! – will do it. It would be the next step in the industry’s trajectory towards lowering prices. Show More Summary

Don't Worry About the Robots, The Fed Might Take Your Job

It is rare that a week goes by when we don't hear a story warning us that robots are going to be taking our jobs. (For example, here, here, here.) This is bizarre even as measured by a standard of economic reporting that allowed an $8...Show More Summary

Taiwan seeks membership of major Asian investment bank

Country says it will apply to join Beijing-backed institution as it seeks further regional economic integration.

Plan moves forward for Metro station at Potomac Yard in Alexandria

A new Metro station in Alexandria’s growing Potomac Yard community is a step closer to reality with the release of a federal environmental impact study that says the project would spur economic development and boost transit.Read full article >>

Erm, this one is interesting

So Prof. Tim Besley of the London School of Economics, former All Souls Prize Fellow, ex-member of the Bank of England’s Monetary Policy Committee, the UK’s third most respected economist, and all-round impressive smart guy, has a new paper with Marta Reynal-Querol at the Universtat Pompeu Fabra in Barcelona. I mention these credentials to emphasise […]

Prosecutors Scrutinize Minorities’ Auto Loans

8 hours agoVehicles / Cars : Wheels

Government authorities say auto sellers are singling out minority borrowers and extending them the costliest car loans, which could exacerbate the economic distress in some neighborhoods.

China’s ambitious new Marshall Plan for Asia

China's 'One Belt, One Road' policy is the most significant piece of China’s economic strategy to date.

The Greek reform list: the best is yet to come?

Prime Minister Alexis Tsipras at a cabinet meeting Sunday night in the Greek parliament There has been lots of analysis on a new list of economic reforms that the Greek government sent to its bailout monitors over the weekend, including...Show More Summary

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