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Tag Archives: economics
John Perkins: The Shadow World Of The Economic Hitman
John Perkins: The Shadow World Of The Economic Hitman An exposé of the ugly global battle for control of resources If you’re hoping to have a ‘feel good’ day today, we’re about to owe you an apology. John Perkins, author of The New Confessions of an Economic Hit Man, is someone we’ve been trying to get […]
Canada’s new deficit plan is trouble
Canada’s new deficit plan is trouble Yesterday Federal Finance Minister Bill Morneau announced the projected deficit for 2016-17 is now $18.4 billion. This amount does not include $10.5 billion in new spending promised by the Liberals during the election campaign. When the budget is delivered in one month’s time it is foreseeable the total deficit […]
Europe’s Circular-Economy Opportunity
EUROPE’S CIRCULAR-ECONOMY OPPORTUNITY A circular economy is an alternative to a traditional linear economy that uses the model of make, use, dispose of in which we keep resources in use for as long as possible, extract the maximum value from them while in use, then recover and regenerate products and materials at the end of […]
‘Credo’: economics is a belief system – and we are ruled by fundamentalists
‘Credo’: economics is a belief system – and we are ruled by fundamentalists Economics is much more than the study of money, writes Paul Mobbs. It is a belief system, and in its ‘mainstream’ incarnation, one that serves a very useful purpose – for those that reap the benefits. But as Brian Davey shows in […]
Teaching economics for the 21st century
Teaching economics for the 21st century In the economics classroom here at Schumacher College https://www.schumachercollege.org.uk/courses/postgraduate-courses/economics-for-transition, we are drawing on the thinking of Otto Scharmer https://www.presencing.com/ego-to-eco/3-divides(link is external), exploring the three great divides that characterise the times in which we live: separation of self from self (spiritual/cultural alienation); self from others (social divide); and self from the more-than-human […]
Economists vs. Economics
Economists vs. Economics Ever since the late nineteenth century, when economics, increasingly embracing mathematics and statistics, developed scientific pretensions, its practitioners have been accused of a variety of sins. The charges – including hubris, neglect of social goals beyond incomes, excessive attention to formal techniques, and failure to predict major economic developments such as financial […]
Beware of American econ professors!
Beware of American econ professors! How Krugman, Sachs and Stiglitz led the Greeks astray. ATHENS — Since Alexis Tsipras made the difficult but responsible choice of arriving at a compromise with Greece’s creditors in mid-July, preventing an outcome that would have led his country out of the euro, a number of revelations have highlighted the […]
We are all Greece
We are all Greece The cast of heroes and villains in Greece’s ongoing battle to save its economy varies depending on who’s telling the story. One simplified narrative depicts the German people as rich and callous overlords inflicting hardship on the downtrodden Greeks. The austerity measures they insist upon are essentially meant to punish the […]
Harper Is Right: This Election Is about Security Versus Risk
Harper Is Right: This Election Is about Security Versus Risk It’s our nation’s ruthless economic insecurity that Canadians must weigh. Stephen Harper chose the Calgary Stampede (now Rachel Notley country) to launch the theme of the now full-blown election campaign. Harper proclaimed he was confident that “this October Canadians will choose security over risk.” Let’s hope so. […]
Stouffville Corner
A new section of my site, Stouffville Corner, aims to provide a variety of write-ups on topics I consider to be of primary importance/ interest. The aim was to have my local paper, Stouffville Tribune, publish them on a weekly/bi-weekly basis to bring the issues to the consciousness of my local community (thus the name). […]
In Denial: We Pursue Endless Growth At Our Peril
James Steidl/Shutterstock In Denial: We Pursue Endless Growth At Our Peril A requiem for planet Earth As we’ve been discussing of late here at PeakProsperity.com, humans desperately need a new story to live by. The old one is increasingly dysfunctional and rather obviously headed for either a quite dismal or possibly disastrous future. One […]
Economic inequality: 10 reasons why we can’t beat it
Economic inequality: 10 reasons why we can’t beat it Even the OECD says inequality is bad. But making it go away is much tougher It almost feels like an old story. Ever since the economy crashed in 2008 a growing chorus of voices has warned that inequality was wiping out the middle class and damaging society. This week […]
One Last Look At The Real Economy Before It Implodes – Part 6 – Solutions
One Last Look At The Real Economy Before It Implodes – Part 6 – Solutions All problems, all crises, have at least one solution, if not many solutions. There is no such thing as an unwinnable scenario. Some may not be smart enough or courageous enough to see it, but the solution is always there, […]
“Facts Do Not Cease To Exist Because They Are Ignored”
“Facts Do Not Cease To Exist Because They Are Ignored” Courage “The kid had a 94-mile-per-hour fastball, a clean delivery, and a body that looked as if it had been created to wear a baseball uniform. He was, in short, precisely the kind of pitcher Billy thought he had trained his scouting department to avoid.” […]
The Economic Wall Dead Ahead Is Hidden Behind False Signs Of “Recovery”
The Economic Wall Dead Ahead Is Hidden Behind False Signs Of “Recovery” This morning I had left the TV mistakenly tuned to CNBC with the sound on—-and unavoidably caught another bullish strategist jawing about the US economy’s awesome strength. This one was peddling as exhibit #1 the recent surge in C&I loans, arguing that it is a sure sign that business is gearing up […]
