GDP and inventory market efficiency are the 2 metrics that economists (and politicians) use to measure the well being of a nation’s financial system, and by these metrics, Trump is doing a hell of a job.
These are oblique proxies for the well being of a nation: when there’s plenty of financial exercise […]
A very long time in the past, weight problems was usually used as a shorthand for wealth, however over the a long time weight problems has turn out to be increasingly more correlated with poverty, each in tradition and science (whereas wealth is more and more correlated with being slim).
The pattern is […]
It was as soon as the usual that companies that carried out properly would give all their workers an annual elevate, partially to acknowledge employees’ contribution to the enterprise’s fortunes, partially to make sure that wages saved tempo with inflation (in any other case employees can be struggling a real-terms pay-cut yearly).
The Vatican has revealed
“‘Oeconomicae et pecuniariae quaestiones’. Considerations for an ethical discernment regarding some aspects of the present economic-financial system” of the Congregation for the Doctrine of the Faith and the Dicastery for Promoting Integral Human Development, 17.05.2018, a prolonged report on the wickedness of Wall Street, wherein the finance trade is […]
It’s true that the 1% have gathered a large share of America’s nationwide wealth; however simply as vital is the cohort of execs — “well-behaved, flannel-suited crowd of lawyers, doctors, dentists, mid-level investment bankers, M.B.A.s with opaque job titles, and assorted other professionals” — who model themselves because the “meritocratic middle class” however who […]
London — floor zero for monetary shenanigans, money-laundering, and the conversion of housing from a human necessity to an asset-class — has spent a long time changing itself to an inert, open-air vault stuffed with status-displaying safe-deposit packing containers owned by offshore criminals and oligarchs who “improve” their empty properties with absurd fripperies to […]
It’s May Day, and McDonald’s employees in Manchester, Watford, Crayford and Cambridge have walked out, demanding an finish to zero-hours contracts and a £10/hour dwelling wage.
The Bakers Food and Allied Workers Union is asking to be recognised as representing the McDonald’s employees, with calls for that embody fixed-hours contracts and pay fairness […]
Universities — particularly public universities — are by no means, ever imagined to cede their educational independence to their donors, who would possibly in any other case use their departments as glorified think-tanks, laundering their ideology and giving it the veneer of goal, scholarly credibility.
George Mason University has lengthy defended its willingness […]
Orthodox market economics holds that when unemployment falls and the labor provide will get tighter wages go up; it additionally predicts that better-educated staff and more-productive staff receives a commission extra for his or her work — none of this has occurred.
American unemployment stands at four% and the workforce is the […]
The “State Policy Network” is a coalition of 66 far-right organizations who’ve been given $80M by a small variety of billionaires, together with the Walton household (heirs to the Walmart fortune), the Koch Brothers, and Betsy DeVos; they’re afraid of the teachers’ uprising, during which wildcat strikes have raced throughout America as a result […]