Category Archives: Economics

Iceland President: Let Banks Go Bankrupt

Posted on January 30, 2013 by

The financial crash in Iceland in 6 minutes according to ABC´s 20/20.     Iceland President: We Decided to Let the Banks Fail Iceland President Olafur Ragnar Grimsson on the recovery of the country’s economy.     Why do we … Continue reading →

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Protests in Europe vs. Black Friday Shoppers

Posted on November 23, 2012 by

The economy collapses. In Europe people protest while people in U.S.A. go shopping     Black Friday 2012 riot over $2 Waffle Maker In Wal-mart The video shows dozens of people in a Walmart near Little Rock, Arkansas, fighting over … Continue reading →

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Why the Poorest Countries are Failing and What Can Be Done About It

Posted on September 19, 2012 by

The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It is a 2007 book by Paul Collier, Professor of Economics at Oxford University, exploring the reasons why impoverished countries fail to progress despite international … Continue reading →

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Robin Hood Principle in Reverse #SenSanders

Posted on September 18, 2012 by

Senator Bernie Sanders from Vemont, is the only politician I like. Here’s the Senator speaking out in opposition to deficit reduction that effectively takes from the middle class and the poor and gives to the rich.     Bill Quigley: … Continue reading →

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David Harvey & Richard Wolff : Capitalism in Crisis?

Posted on July 28, 2012 by

Professor Richard Wolff website Richard Wolff discusses the crisis of capitalism, how the US became so unequal–and why he believes revolution, not reform, is in order. http://rdwolff.com/content/against-grain-kpfa-radio-interview-oct-19-2011 Other topics:   http://rdwolff.com/economictheory?page=2     Noted author, political economist and activist, Richard … Continue reading →

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Super Rich | The Greed Game

Posted on July 24, 2012 by

The Greed Game Part #1     The recent housing meltdown and sub-prime mortage crisis was instigated by a few greedy people but is hurting us all.   Part #2     Part #3     Part #4     … Continue reading →

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Royal Society reports: developed nations consume too much

Posted on July 14, 2012 by

“Continual economic growth is not sustainable.”     The Royal Society says that developed nations consume too much and that the world’s population is too high. Consumption levels between developed and developing nations must be rebalanced alongside a stabilisation of … Continue reading →

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Baltimore to sell ads on fire engines to raise funds

Posted on July 2, 2012 by

Should this city’s red fire trucks be transformed into rolling billboards? Should we have fire truck ads? But some people are a little put off by the idea that we’re getting sponsorship for what used to be a government duty. … Continue reading →

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#TaxDollars at #War

Posted on July 1, 2012 by

An illustration breaks down how much US tax money is being spent on wars and the military.     Filmmaker: Chris Fontaine Do you know how your tax dollars are spent? US radio host Dennis Bernstein and investigative reporter Dave … Continue reading →

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The World Bank | How is #poverty measured?

Posted on July 1, 2012 by

Do you wonder how we measure poverty? This 3 minute video explains the methodology that they used, how it works and why it is important     Poverty Overview Blog: “Inequality of What” Inclusive Societies More Likely to Enjoy Economic … Continue reading →

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