Economics
Union Minister Pratap Chandra Sarangi writes to Niti Ayog to consider Demands of Satyagraha
Press Release By Abhilash.C.A, Secretary, Gram Seva Sangh The Minister of State, MSME, Pratap Chandra Sarangi has instructed the Niti Ayog Vice Chairman Dr. Rajiv Kumar on December 21, 2019 to look into the demands of the Satyagraha for Sacred…
The 2019 Nobel Prize shows why we need to dump conventional economics
By Dr Ted Trainer The prize has gone to three people studying how the poor can derive more benefit from existing “development” practices. It sees no reason to question the existing market and growth-driven economy and its derivative, development theory.…
An Economics Nobel Prize view of neoliberalism and Argentina’s future
Joseph Stiglitz is an American economist who received the Nobel Prize in Economics in 2001. He is a former senior vice president and chief economist of the World Bank. In recent years he has been a harsh critic of globalised…
In search of a sane economy
Could degrowth, community, and basic income create a sane economy? An interview with one of the godfathers of the basic income movement, Phillippe Van Parijs. Philippe Van Parijs for openDemocracy-Beyond traffic and slavery. Phillippe Van Parijs is a philosopher at…
2019 – A Devastating Year in Review
By Farhana Haque Rahman By any measure this has been a devastating year: fires across the Amazon, the Arctic and beyond; floods and drought in Africa; rising temperatures, carbon emissions and sea levels; accelerating loss of species, and mass forced…
After the Argentina debacle, the IMF endorses weakening capital controls in Ecuador
The IMF is backing a tax reform bill in Ecuador that will enable capital flight and further austerity. Lara Merling for openDemocracy Over the past year, a rebranded IMF returned to Latin America with promises of loan agreements that would…
Five Years After Obama’s Cuba Opening, Cubans Are Reeling From The “Trump Effect”
By Medea Benjamin Gloria Minor had been preparing her AirBnB in Havana for years, investing every penny her sister sent her from Miami in repairing and refurbishing her apartment. With President Obama and Cuban President Raul Castro re-establishing relations five years…
‘Atrocious’: 188 Democrats Join GOP to Hand Trump $738 Billion Military Budget That Includes ‘Space Force’
“It is Orwellian for Congress to hand over billions of dollars worth of weapons and bombs to a president waging a horrific, unconstitutional war in Yemen—and call that progressive.” By Jake Johnson, staff writer, Common Dreams More than 180 House…
Climate Change – Where Are Our Economic Elites Headed?
As William Nordhaus illustrated in his Nobel award address in December last year, the free-rider problem is particularly severe for climate change. Those who do nothing ride free, while those who undertake costly reductions pay dearly. If an important player…
Inequality Threatening Human Development, New Global UN Report Warns
Despite global progress in tackling poverty, hunger and disease, a “new generation of inequalities” indicates that many societies are not working as they should, the UN Development Programme (UNDP) argues in its latest report released on Monday [9 December 2019]. …
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