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Home Archive by category "Economics"

Category: Economics

Real Pay Data Show Trump’s Blue Collar Boom Is More of a Bust for Us Workers, in 3 Charts

Economics, Politics
mine worker

Next time you read a story about a rise in pay, try to see if it reports the wage data in nominal or real terms, and if it includes fringe benefits too.

You’re Probably Paying More for Your Car Loan or Mortgage Than You Should

Economics, Politics
credit application form

The main components of the cost you pay to borrow money are a benchmark rate, credit risk and how much profit a lender wants to make.

Over 70% of the EU Millionaire Bankers Live in the UK, Eba Report Reveals

Economics, Politics
the city of bankers london

The UK continues being home to the large majority of the EU millionaire bankers. About 3,567 of them live in the UK, whereas only 390 live in Germany, 233 in France and 201 in Italy.

Half a Billion on Halloween Pet Costumes Is Latest Sign of America’s Out-of-Control Consumerism

Economics, Politics
dogs halloween

Americans will spend US$8.8 billion on Halloween candy, costumes and decorations this year, including half a billion dollars on costumes for their pets.

FORD BRIDGEND CLOSURE: THE UK’S CAR INDUSTRY COULD STAGE A REVIVAL BY RECYCLING RARE EARTHS

Economics, Technology
ford car industry plant

The intended closure of Ford’s Bridgend engine plant in 2020, with the loss of 1,700 industry jobs, has sent shock waves through Wales.

HOW MULTINATIONALS CONTINUE TO AVOID PAYING HUNDREDS OF BILLIONS OF DOLLARS IN TAX – NEW RESEARCH

Economics, Politics
tax avoidance multinationals

New research estimates that $420 billion in corporate profits is shifted out of 79 countries every year. This equates to $125 billion in lost tax revenue.

How Swedish Literature Reflects the Benefits of a Shorter Working Day

Arts, Economics, Geography, Politics
swedish streets

The world should be inspired by Swedish culture, with more fika, more time for leisurely reading about non-work topics, and more lagom towards jobs.

More Than a Million UK Small Businesses See Brexit as Major Obstacle To Success

Economics, Politics
uk brexit business sme

Over one million UK SMEs, around a quarter of the total, were concerned about how Brexit would affect the success of their business.

Millennials Are $1 Trillion in Debt but They’re Better at Saving Than Previous Generations

Economics, Politics
millennials debt

Millennials have racked up over US$1 trillion of debt. Yet, in comparison to previous generations this group is significantly more fiscally conservative.

What I Learned From Bob Hawke: Economics Isn’t an End Itself. There Has To Be a Social Benefit

Economics, Politics
hawke economics

Hawke and Keating were a dynamic duo of creative economics leadership. They reformed all aspects of Australia’s struggling economy.

GERMANY’S DEEP ROOTED OBSESSION WITH SAVING – A BRIEF HISTORY

Economics, Politics

Germans not only save more than their UK counterparts, but the deep rooted national habit has more implications for Germany than those numbers would reveal.

How Your Employer Uses Perks Like Wellness Programs To Control Your Life

Economics
Perks at work: coffee

Benefits, particularly those that employees deem necessary or exceptionally valuable, enable employers to exercise surveillance over workers.

THE CASE FOR 32 HOUR WORK WEEK

Economics, Sidebar

[embedyt] https://www.youtube.com/watch?v=ztoHewIu2DU[/embedyt]

  • Would you deposit one pound with a bank today if it was going to give you back less than one pound tomorrow?

  • NATO Declares Outer Space an ‘Operational Domain’

    After declaring space a war zone, NATO could start using space weapons that can destroy satellites or incoming enemy missiles.

  • How the Third Reich Managed Ham Radio Hobbyists

    The Nazis were especially interested in ham radio operators, who were part of a worldwide community of hobbyists.

  • Nixon Played a Major Diplomatic Role from 1986 to 1991

    In April 1991, few months before the fall of the USSR, he had a curious visit to Lithuania, Georgia, the Kremlin and the K.G.B.

  • How Gambling Built Baseball – and Then Almost Destroyed It

    Imagine if, after watching the thrilling victory of the Chicago Cubs you learned that the Indians had collaborated with gamblers to intentionally throw the series.

  • Neoliberalism Has Tricked Us Into Believing a Fairytale About Where Money Comes From

    There is nothing natural about money. There is no link to some scarce essential form of it that sets a limit to its creation.

     

  • FCC Orders Phone Companies to End Robocalls

    The FCC released new rules aiming to combat spoofed robocalls. They require phone companies to implement a new protocol.

  • Reddit Co-founder Resigns in Support of Black Community

    Alexis Ohanian, co-founder of Reddit

  • Antarctica Blood Falls Mystery Solved

    At first, scientists attributed the color to red algae. But in 2017, a study found that it was rather due to oxidized iron.

  • The Ghostly Photos Taken by the Stasi’s Buttonhole Cameras

    Cameras were even invented so small they could be sewn with the lens behind a buttonhole, the shutter release kept in a pocket.

  • Drinking alcohol isn’t the only cause of high blood alcohol levels.

    Imagine that you’re a police officer. You spot a car ahead that is swerving all over the road. You pull the driver over and she’s clearly intoxicated. With slurred speech, she swears that she hasn’t had a drop of alcohol all day. Would you believe her?

  • Arrests of 6-Year-Olds Show the Perils of Putting Police in Primary Schools

    Instead of being protected, these very young students were placed in handcuffs and arrested. Each one faced misdemeanor battery charges as a result of behavioral outbursts at school, including one instance in which one of the children kicked a school staffer.

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