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Game behind gamed: your narrative programming for the day

How The Economic Machine Works by Ray Dalio[1] actually makes a case against austerity[2] and for redistribution, but also for money printing (and, arguably, for bailouts), while stressing the need to keep making productivity-improving public and private investments. However, it could be equally entitled: How The Industrial Age Political-Economy Doesn't Work Anymore, viz. Surviving Progress (2011)... [more inside]
posted by kliuless on Sep 25, 2013 - 28 comments

A pervasive and pernicious notion says you!

Richard Florida Concedes the Limits of the Creative Class. Or does he?
posted by spamandkimchi on Apr 2, 2013 - 55 comments

Incommensurable values

Economists and the theory of politics - "why unions were often well worth any deadweight cost" [more inside]
posted by kliuless on Mar 25, 2013 - 27 comments

Rio+20; US demurs on equity.

As hopes for the future of multilateral action on the environment are fading, the draft negotiating text of "The future we want", the Rio+20 declaration was leaked, showing where the US delegation was seeking to remove any and all references to equity.
posted by wilful on Jun 20, 2012 - 29 comments

sovereignty and taxation

David Graeber: Of Flying Cars and the Declining Rate of Profit (via) [more inside]
posted by kliuless on Jun 8, 2012 - 85 comments

The 0.01 percent: The Rising Influence of Vested Interests in Australia

Writing in The Monthly, Australian Treasurer Wayne Swan makes a cogent case for ongoing economic reform to deliver equity, contrasting Australian with US outcomes, and slamming three modern robber barons, Clive Palmer, Andrew Forrest and Gina Rinehart for their increasing political influence.
posted by wilful on Mar 1, 2012 - 57 comments

Bob Geldorf Goes PEU

There are plenty of fund managers who want to be rock stars. Now, there is a rock star who fancies himself as a fund manager. Bob Geldof, the singer and campaigner for aid to Africa, is seeking to raise $1bn from institutional investors for a private equity venture on the continent. The pitch he is making represents a remarkable shift into African business for a man more often associated with his relentless advocacy for debt relief and aid to Africa. (Text Via FT) Till date he has raised $200m. Some are confused. Others are snarking. The Guardian's interview by an Ethiopian born writer with [more inside]
posted by infini on Sep 5, 2011 - 34 comments

Carbon trading for Australia

Clean Energy Future. Australia has embarked on a tradeable carbon permit system, covering about 60% of emissions, beginning on 1 July 2012, and mixing in substantial progressive tax reform, putting a line under a very long debate on this matter indeed.
posted by wilful on Jul 11, 2011 - 100 comments

Unlocking money in pre-IPO companies

Employed by a startup? Working long hours for little pay but lots of stock options? When your company goes public you can finally realise the value of your options but what if the IPO is delayed or never happens? [more inside]
posted by Mutant on Jan 3, 2011 - 32 comments

Going Dutch

Going Dutch Considerations of gender (in)equality in the Dutch workplace. [more inside]
posted by modernnomad on Nov 16, 2010 - 43 comments

Be it resolved that financial 'innovation' does not boost economic growth

Basicland vs. Sorrowland
A parable about how one nation came to financial ruin by Charles Munger. For extra colour there's... [more inside]
posted by kliuless on Mar 2, 2010 - 34 comments

living in a gilded cage

America's debtor prisons.
posted by geos on Jan 25, 2008 - 81 comments

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