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Economics

Oh No! Mexico!

As the world moves ahead, Mexico lurches backward. Viewpoint by Bill Dahl  In June 2020, Mexico dropped out of the top 25 countries for foreign investment for the second time in over 20 years. For the second largest economy in Latin…

Watershed data indicates more than a trillion dollars of corporate profit smuggled into tax havens

UK, Switzerland, Luxembourg and the Netherlands – the “axis of tax avoidance” – are responsible for 72 per cent of global tax losses Analysis of new OECD data published yesterday, on the basis of a reporting standard developed by the…

The Merits of Medicare for All Have Been Proven by This Pandemic

The horror of the coronavirus pandemic proves that progressives have been justified in demanding a single-payer health care system. By Sonali Kolhatkar A pandemic is not the time to be having discussions about how to design a national health care…

Ending Mass Unemployment and Poverty

The causa causans Keynes identified in a passage cited in the previous note was investment*. Investment by profit-seeking investors is regarded as the source of employment. If it stops, employment, stops. At least that is true when one sees the…

Hey Congress, Move the Money

The past month’s activism has changed a great deal. One thing it’s helped with is brushing aside the tired old argument over whether government should be big or small. In its place we have the much more useful argument over…

What the EU’s Corona Fundraising Tells us about Global Solidarity

Viewpoint by Inge Kaul The writer, Dr Inge Kaul, is Senior Fellow, Hertie School, Berlin and Non-resident Senior Fellow, Center for Global Development, Washington, DC. European Commission President Ursula von der Leyen organized two spectacular fund-raising events, one on May…

Americans With Jobs Are Sharing Their Stimulus Checks With People Out of Work

With unemployment nearing Great Depression levels and many still waiting on any government support, a new person-to-person relief economy is forming. By April M. Short The responses of governments around the world to the pandemic and its resulting economic impacts…

Igbo Women Seek Biafra, Voice Nigeria’s Bleak Future

Nigeria is one of the largest by territory with population (estimated currently at 206 million) and huge economy in Africa. Situated on the southern coast on the Gulf of Guinea in the Atlantic Ocean, this country most often referred to…

Donor Conference Boosts Sudan’s Economic Reconstruction

By Kester Kenn Klomegah During several years of Omar al-Bashir administration, Sudan’s economy was largely shattered due to political tyranny, deep-seated corruption and poor policies. According to the Corruptions Perception Index, Sudan is one of the most corrupt nations in…

With the Pandemic, the Time Has Come to Put Limits on Private Property

Today the world is fighting a pandemic. Sooner or later the health issue will be resolved, but the economic consequences will be devastating, perhaps worse than those of the collapse of 1929, if a global recovery plan and a global…

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