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+21 +1
Finnish basic income pilot improved wellbeing, study finds
First major study of scheme comes as economic toll of coronavirus prompts fresh interest in idea
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+23 +1
Banking Collapse of 2008: Three weeks that changed the world
It was the year the neo-liberal economic orthodoxy that ran the world for 30 years suffered a heart attack of epic proportions. Not since 1929 has the financial community witnessed 12 months like it. Lehman Brothers went bankrupt. Merrill Lynch, AIG, Freddie Mac, Fannie Mae, HBOS, Royal Bank of Scotland, Bradford & Bingley, Fortis, Hypo and Alliance & Leicester all came within a whisker of doing so and had to be rescued.
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+15 +1
Crazy idea but hear us out... With robots taking people's jobs, can we rethink this whole working to survive thing?
A nation of takeout deliverers
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+23 +1
Gig economy traps workers in precarious existence, says report
Doteveryone thinktank says workers suffer from financial insecurity and loss of dignity
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+11 +1
How a VAT could tax the rich and pay for universal basic income
The Congressional Budget Office just projected a series of $1 trillion budget deficits—as far as the eye can see. Narrowing that deficit will require not only spending reductions and economic growth but also new taxes. One solution that I’ve laid out in a new Hamilton Project paper, “Raising Revenue with a Progressive Value-Added Tax,” is a 10 percent Value-Added Tax (VAT) combined with a universal basic income (UBI)—effectively a cash payment to every US household.
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+3 +1
For the Economy, Climate Risks Are No Longer Theoretical
Last year Australia’s central bank hoped that several interest-rate cuts would mark a turning point for its slowing economy. That was before the worst bushfires in Australia’s history hit tourism, consumer confidence and growth forecasts for this year. There is now a good chance the bank will cut interest rates again soon.
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+21 +1
Low unemployment isn’t worth much if the jobs barely pay
We should look at individuals—not national averages—as the unit of analysis, and ask: Are wages adequate for full-time workers?
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+26 +1
This town is giving families $500 a month. The results are remarkable
Recipients have used the money to apply for better jobs, spend more time with their children, or save for better housing
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+21 +1
A Key Economic Argument Against Wealth Taxes Doesn’t Hold Up
Wealth has reached record highs. Corporations using their resources to keep shareholders happy, pressure on wages to fund these efforts and greater corporate concentration have all been major factors in the growth of wealth inequality.
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+36 +1
The end of capitalism has begun
Without us noticing, we are entering the postcapitalist era. At the heart of further change to come is information technology, new ways of working and the sharing economy. The old ways will take a long while to disappear, but it’s time to be utopian
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+21 +1
How to Compete With Technology in the Age of Automation
It's all about staying in demand in the workplace.
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+15 +1
No one should be a billionaire
What Democratic presidential candidates should have said in response to the question
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+17 +1
After Neoliberalism | by Joseph E. Stiglitz
For the past 40 years, the United States and other advanced economies have been pursuing a free-market agenda of low taxes, deregulation, and cuts to social programs. There can no longer be any doubt that this approach has failed spectacularly; the only question is what will – and should – come next.
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+4 +1
Preference for Environment Over Economy Largest Since 2000
By the widest margin since 2000, more Americans believe environmental protection should take precedence over economic growth when the two goals conflict. Sixty-five percent now choose the environment, up eight percentage points from a year ago, while 30% choose the economy.
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+1 +1
Point of order: internet, programmable $ = 1) Time epochs 2) syntax parsed as instructions
Point of order: no such thing as "sitting on top of / layers" for Lightning Network / Bitcoin Cash BCH etc. No such thing as "out of band signaling, telemetry (Gossip Protocol). Reality is that data is sent in sequentially follow on time epochs created by silicon chips / servers / server farms / nodes dedicated to this purpose: https://youtu.be/3AtEGcl7nJY
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+1 +1
Delusional Bitcoin Vs Fool’s Gold – Eco Economic Heartbeat – Medium
Warren Buffett says bitcoin is a ‘delusion’ and ‘attracts charlatans’ Billionaire investor Warren Buffett says he sees “no unique value” in the world’s largest cryptocurrency. “It is a delusion, basically,” Buffett tells CNBC’s Becky Quick. The Berkshire Hathaway CEO has been a long-time critic of cryptocurrencies. He called bitcoin “probably rat poison squared,” ahead of the 2018 Berkshire Hathaway annual shareholder meeting. So, as a hedge to the dollar and other (FIAT) currencies collapsing, everyone always says buy gold, buy gold (and silver).. this sounds like a sound strategy until one considers Warren Buffet’s take on the total amount
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0 +1
How to Use Fundamental Analysis in Forex - Fx Trading Pro
Fundamental analysis is a powerful tool that can effectively indicate currency pair price movements.Why is it called ‘fundamental?’ Because, instead of looking at the charts
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Image+2 +1
Earth Intelligence Network EIN neural network emulation algorithm - your nomination?
What algorithm (based on nature) do you recommend to act as a neural network emulation algorithm for the EIN Earth (Artificial) Intelligence Network - and provide a universal event flash heartbeat message bus? #algorithm #NeuralNetworks #ArtificialIntelligence #UNRIG #heartbeat
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+16 +1
What if Sociologists Had as Much Influence as Economists?
Economists traditionally dominate policy making in Washington, but they don’t have all the answers. Sociologists have a lot to teach us.
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+1 +1
World Economic Forum: There Are Blockchain Solutions For Saving Our Environement
According to the World Economic Forum, there are more than 60 blockchain use cases for solving all the serious environmental challenges that are endangering our planet. The Swiss-based World Economic Forum issued a report named ‘’Building Block(chain) for a Better Planet’’. In that report, you can see all the highlighted blockchain solutions that can potentially […]
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