“Imagine a world where global multinational corporations have the power to sue any government that passes laws or regulations that have negative impacts on their current or future profits. Imagine that they could bring the case to a private tribunal whose judges are private lawyers working for other large multinational corporations…”
“Economic growth may not alone ensure that poverty reduction occurs, and may be bolstered with additional policies that focus on decentralized community-based development strategies and sustainable agriculture. Afghanistan has used village-level community development councils…”
“Not many folks remember that the 1963 “March on Washington” was officially named the “March on Washington for Jobs and Freedom.” This detail often gets lost amid the important celebration of the general achievement and highlights such as the Rev. Dr. Martin Luther King, Jr.’s “I Have a Dream” oration.”
“From this heterodox economist’s perspective, [the refugee crisis] is an opportunity to refresh and renew a meaningful discussion of value, through exploration of the uncharted policy space of sovereign currency issue. We do not need to envision what will happen with further escalation of war.”
This policy note discusses aspects of the Job Guarantee (JG) proposal that are less understood.
“In this policy note, we examine the sufficiency of China’s planned financial reforms for its One Belt One Road (OBOR) initiative. Will the ambitious aims of OBOR and financial reform coincide?”
“Another world is possible – indeed, it is absolutely necessary – but we will need the imagination, the will, and the collaboration required to realize it within our lifetimes. We must move beyond simply criticizing and rejecting the suicidal economics of the past…”
“Public money used to contain the crisis in 2009 amounted to about $23 trillion already. To save US and EU banks alone, their governments used $14 trillion, which could have funded 20 years worth of ELR programs in these economies.”
“According to recently released data by the Federal Insurance Deposit Corporation (FDIC), at least 28% of American households—roughly 93 million people—either have no bank accounts (the “unbanked”) or are at least partially dependent upon high-cost services like payday lending (the “underbanked”) (FDIC 2014).”
“The policy emphasis on disincentives like pollution payments by households and businesses has unsurprisingly increased the political difficulty of climate action; to many people it looks like only “punishment” for their carbon sins.”