Last week, Xcel Energy announced a multi-state wind capacity project, anticipated to be the largest in the United States. Spanning seven states, the project covers … Wind Energy Now Directly Competing With Coal On CostRead more
Economics
Forty-three percent of US children live in low-income families
Forty-three percent of all children in the United States live in low-income families, according to a report released late last month by the National Center … Forty-three percent of US children live in low-income familiesRead more
Americans Still Think Hard Work Is the Key to Success
— source motherjones.com
Banks are lending to buy houses, not build businesses
The days of the credit crunch can seem to be well and truly behind us. 2016 was the second successive year when bank lending to … Banks are lending to buy houses, not build businessesRead more
Westinghouse Files for Bankruptcy, in Blow to Nuclear Power Industry
The Westinghouse Electric Company filed for bankruptcy protection on Wednesday, in a major blow to the nuclear power industry. The Chapter 11 filing came as … Westinghouse Files for Bankruptcy, in Blow to Nuclear Power IndustryRead more
US Senate confirms former Goldman Sachs executive as Treasury secretary
The US Senate confirmed Donald Trump’s nominee to head the Treasury Department on Monday night, voting by 53 to 47 to install former Goldman Sachs … US Senate confirms former Goldman Sachs executive as Treasury secretaryRead more
Nero’s Guests
Nero’s Guests P. Sainath – Inequality and India’s Agrarian Crisis
When Econ 101 Goes Wrong
You all may remember that back in 2000-01 Enron engineered an artificial shortage of electricity in California, which sent prices skyrocketing. This was a harrowing … When Econ 101 Goes WrongRead more
If Facebook makes billions from my data, I deserve the basic income as a dividend for my work
“Why do I exist?”: a question that has preoccupied the greatest minds, and the rest of us after a heavy night out, since time immemorial. … If Facebook makes billions from my data, I deserve the basic income as a dividend for my workRead more
No, Tech Firms Are Not Huge Job Creators
You have to look at jobs as a percent of the entire labor force. When you do that, sample set of companies looks like 20 … No, Tech Firms Are Not Huge Job CreatorsRead more