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Economics

Global business travel will not be killed off by coronavirus – new research

Global business travel has largely ground to a halt during the pandemic. Experts have been raising the alarm that this is the death of business travel as we know it, arguing that it will be a long time before the virus is…

As Wages Stagnate and Executive Pay ‘Continues to Balloon,’ Report Shows Top CEOs Now Make 320 Times More Than Typical Worker

New research from the Economic Policy Institute finds that CEO compensation grew by 1,167% from 1978 to 2019, “far outstripping” the growth of the stock market. By Jake Johnson New research published Tuesday by the Economic Policy Institute shows that the top…

Save Our Storefronts (S.O.S.) call out until NYS takes action on commercial rent relief!!

Join us to hear updates about the SOS emergency legislation NYS Bill S-8865 on Wednesday, August 19th, 11 AM Register here Introduced by NYS Senator Brad Hoylman to the NYS Senate, the bill calls on commercial tenants, landlords and the…

Video: the invisible ideology trashing our planet

Brendan Montague An interview with George Monbiot and audio of his talk at the Gillian Lynne Theatre in London. If you get into debt buying your child branded trainers, if you fear redundancy, if you suffer anxiety about the future…

Why 5G Is the First Stage of a Tech War Between the U.S. and China

By Prabir Purkayastha The U.S. tech war on China continues, banning Chinese equipment from its network, and asking its Five Eyes partners and NATO allies to follow suit. It is a market and a technology denial regime that seeks to…

A Solution to Keynes´ Problem

´Keynes´ Problem´ is the lack of sufficient business activity in a modern market society. It is an economic problem that morphs into any number of crucial political and social problems. People depend on business activity to provide essential goods, and…

Why Taiwan Is at the Heart of a Geopolitical Struggle to Produce Cutting-Edge Computer Chips

Geopolitical contests between the U.S. and China hinge on technology more than the ability to deploy a gunboat somewhere; Taiwan could resemble a prototype for a tech proxy war. By Marshall Auerback The media likes to dabble in war game…

Argentina’s debt restructuring deal explained

The Argentine government has struck a substantial debt deal with some major creditors, saving it billions. What exactly is the deal about and could it save the ailing economy? Argentina owes a fortune — $323 billion (€274 billion) as of…

Why the Idea of Jobless Benefits Scares the Conservative Mind

The coronavirus pandemic has allowed us to conduct an experiment on how government assistance is good for people and the economy. By Sonali Kolhatkar When Congress passed the CARES Act earlier this year, lawmakers gave some low-wage Americans who lost…

U.S. Cold War China Policy Will Isolate the U.S, Not China

By Medea Benjamin and Nicolas J S Davies Tensions between the United States and China are rising as the U.S. election nears, with tit-for-tat consulate closures, new U.S. sanctions and no less than three U.S. aircraft carrier strike groups prowling…

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