The American dream is increasingly just that – a dream. Since the 2008 recession, owning a home has been a realistic goal for a shrinking … Number of US homeowners reaches 20-year lowRead more
Economics
Posted inEconomics / ToMl
Rewriting the Rules of the American Economy
As presidential candidates spar over economic policies and Congress debates the TPP, one of the nation’s leading economists is calling for a comprehensive overhaul of … Rewriting the Rules of the American EconomyRead more
Posted inEconomics / Health / Smoking
Higher cigarette taxes linked to fewer infant deaths
Higher taxes and prices for cigarettes are strongly associated with lower infant mortality rates in the United States, according to a new study from Vanderbilt … Higher cigarette taxes linked to fewer infant deathsRead more
Posted inEconomics / Organic / ToMl
Big Food and Chemical Corporations Spend Millions to Attack Organic
In response to skyrocketing growth in organic and non-GMO food sales, food and agrochemical companies have spent hundreds of millions of dollars over the past … Big Food and Chemical Corporations Spend Millions to Attack OrganicRead more
Posted inEconomics / ToMl / USA Empire
How the Other Half Banks
The nation’s financial crisis taught us that when it comes to Wall Street giants, political leaders consider some banks “too big to fail.” After initial … How the Other Half BanksRead more
Posted inEconomics / Politics / ToMl / USA Empire
Puerto Rico — like Greece — will default on its debts
Obama to Puerto Rico: Drop Dead. That was the message from the White House this week to 3.5 million U.S. citizens of Puerto Rico — … Puerto Rico — like Greece — will default on its debtsRead more
Posted inBank / Crime / Economics / News
Bank of New York Mellon Subsidiary Pays $210 Million Fine for Madoff Ties
A subsidiary of Bank of New York Mellon has agreed to pay a $210 million fine for concealing the fraud of disgraced financier Bernard Madoff. … Bank of New York Mellon Subsidiary Pays $210 Million Fine for Madoff TiesRead more
Posted inEconomics / ToMl
The Standard Definition of Money is in Error
The standard definition of money is given in terms of its three functions: 1: Money is a medium of exchange. 2: Money is a measure … The Standard Definition of Money is in ErrorRead more
Posted inEconomics / Greece / ToMl
How German and French Banks Helped Bankrupt Greece
Alexis Tsipras, the prime minister of Greece, has called a national referendum this Sunday to call the bluff of the European Union and International Monetary … How German and French Banks Helped Bankrupt GreeceRead more
Posted inEconomics / Fossil fuel / News
Gates Foundation Have Sold Their Exxon Stock
At a time when the Bill and Melinda Gates Foundation has been under unprecedented pressure to commit to fossil fuel divestment, their annual tax filings … Gates Foundation Have Sold Their Exxon StockRead more