Last week marked a new chapter in the opioid epidemic: Purdue Pharma, creator of the blockbuster painkiller OxyContin, filed for bankruptcy as part of a … The Purdue Settlement Is a Great Deal—for the SacklersRead more
Economics
World’s Largest Fund Manager Loses $90 Billion Betting on Fossil Fuels & Climate Chaos
BlackRock is the world’s largest fund manager, which has nearly US$6.5 trillion of assets under management. To give you some kind of perspective that is … World’s Largest Fund Manager Loses $90 Billion Betting on Fossil Fuels & Climate ChaosRead more
Argentina Returns to Capital Controls
On September 1, the Argentine government led by President Mauricio Macri imposed capital controls in a bid to stem the fall in the foreign exchange … Argentina Returns to Capital ControlsRead more
Thousands Demand State of ‘Food Emergency’ in Argentina
Thousands of protesters took to the streets of Buenos Aires Wednesday to demonstrate against the government of President Mauricio Macri’s neoliberal reforms, demanding the Congress … Thousands Demand State of ‘Food Emergency’ in ArgentinaRead more
CEO Compensation Increased 940% Between 1978 and 2018
The compensation of CEOs at US corporations has grown by nearly a factor of ten since 1978. This is according to a study recently released … CEO Compensation Increased 940% Between 1978 and 2018Read more
The Key to a Sustainable Economy Is 5,000 Years Old
We are again reaching the point in the business cycle known as “peak debt,” when debts have compounded to the point that their cumulative total … The Key to a Sustainable Economy Is 5,000 Years OldRead more
Africa in the Corporate Tax Haven Index 2019
Corporate income taxation in the digital age Tackling corporate tax dodging in a digital age is high on the political agenda as governments seek to … Africa in the Corporate Tax Haven Index 2019Read more
David Koch’s Heirs Will Enjoy the Biggest Tax Loophole Nobody Talks About
David Koch died late last week, just shy of 80 years old. Whole books have been written cataloguing his legacy as an industrialist and political … David Koch’s Heirs Will Enjoy the Biggest Tax Loophole Nobody Talks AboutRead more
The Sacrificial Rites of Capitalism We Don’t Talk About
Every society has at least one dominant story. Think of it as the official line: Here’s who we are, what we’re doing and why. But … The Sacrificial Rites of Capitalism We Don’t Talk AboutRead more
Making Sense of the $1.25 Trillion National Security State Budget
In its latest budget request, the Trump administration is asking for a near-record $750 billion for the Pentagon and related defense activities, an astonishing figure … Making Sense of the $1.25 Trillion National Security State BudgetRead more