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Economy

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  • U.S. Federal Reserve Conjures -- and Redefines -- Money (Matthew Cardinale)

    U.S. Federal Reserve Conjures -- and Redefines -- Money (Matthew Cardinale)

    Nov. 30, 2010 (Inter Press Service) -- ATLANTA, Georgia - The private central bank of the United States, the Federal Reserve, has begun purchasing $600 billion of long-term U.S. Treasury Bonds, essen ...

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  • The Stench of US Economic Decay Grows Stronger (Paul Craig Roberts)

    Nov. 29, 2010 (Information Clearing House) -- On Thanksgiving eve the English language China Daily and People’s Daily Online reported that Russia and China have concluded an agreement to abandon the ...

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  • Global Poverty Doubled since 1970s: UN (Agence France-Presse)

    Nov. 26, 2010 -- GENEVA (Agence France-Presse) -- The number of very poor countries has doubled in the last 30 to 40 years, while the number of people living in extreme poverty has also grown two-fol ...

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  • Fail and Grow Rich on Wall Street (Robert Scheer)

    Nov. 24, 2010 (TruthDig) -- Welcome to the brave new world of post-bailout capitalism. The Commerce Department announced Tuesday that corporate profits are at their highest level in U.S. history, and ...

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  • Corporate Profits Were the Highest on Record Last Quarter (Catherine Rampell)

    Nov. 23, 2010 (New York Times) -- The nation’s workers may be struggling, but American companies just had their best quarter ever. American businesses earned profits at an annual rate of $1.659 trill ...

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  • Fighting Doom: The New Politics of Climate Change (Brendan Smith)

    Nov. 23, 2010 (Common Dreams) -- I am not an environmentalist. But all I think about these days is the climate crisis. I admit I have arrived late to the party. Only recently have I begun to realize ...

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  • Bernanke vs. Keynes (Mike Whitney)

    Nov. 23, 2010 (Information Clearing House) -- Investment drives the economy. It creates jobs, builds factories, develops technology, and stimulates growth. When investment falls, spending slows, unem ...

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  • Power and the Tiny Acts of Rebellion (Chris Hedges)

    Nov. 23, 2010 (TruthDig) -- There is no hope left for achieving significant reform or restoring our democracy through established mechanisms of power. The electoral process has been hijacked by corpo ...

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  • BOOK REVIEW: Truth About Global Economic Crisis (Joel S. Hirschhorn)

    BOOK REVIEW: Truth About Global Economic Crisis (Joel S. Hirschhorn)

    Joel S. Hirschhorn -- World News Trust Nov. 26, 2010 -- You want to read The Global Economic Crisis The Great Depression of the XXI Century, edited by Michel Chossudovsky and Andrew Gavin Marshall, i ...

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  • The Evolution of Transition In The U.S. (Michael Brownlee)

    The Backstory Nov. 26, 2010 (Transition Times) -- The emergence of the Transition movement in the last four years or so is one of the most hopeful signs in the early 21st century, and Transition may ...

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  • Peak Energy, Climate Change, and the Collapse of Global Civilization (Tariel Mórrígan)

    Global Climate Change, Human Security & Democracy -- Orfalea Center for Global & International Studies University of California, Santa Barbara -- October 2010 Nov. 21, 2010 -- This is the final chapt ...

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