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thinkahol *

Why isn't the economy more like hydraulics? - 0 views

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    The strange simplicity of economic relationships
    An odd feature of economics is that economies constitute an apparently complex system, but analysts are often willing to give confident answers about aggregate outcomes, based on simple relationships that always hold.
thinkahol *

'US empire designed to self-destruct, more unrest to follow' - YouTube - 0 views

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    The loss of America's AAA credit score has sparked panicked sell-offs on global markets. Ratings giants have so far confirmed France's highest status, but investors remain unconvinced its finances are solid enough. Financial journalist Demitri Kofinas says it's not just the banks, but whole countries which are now struggling to make ends meet, with more public unrest on the cards.
thinkahol *

The Real Deficit Problem: One More Essential Chart - James Fallows - Politics - The Atl... - 0 views

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    The federal deficit is a serious challenge in the long run. The real emergency is how many people are still out of work. That's the deficit that matters. Almost nothing can do more harm to a nation's cultural, social, political, and of course economic fabric than sustained high joblessness. And of nothing can do more, faster, to reduce a federal deficit than a restoration of economic growth. That political and media attention got hijacked to a fake debt-ceiling "emergency" is 1937 all over again -- but worse, because in principle we had the real 1937 to learn from.
thinkahol *

10 stories more important than Weinergate - Media Criticism - Salon.com - 0 views

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    From record greenhouse gas emissions to the failed War on Drugs, here are the real scandals the media ignored
thinkahol *

The Threats of Business and the Business of Threats | Truthout - 0 views

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    More and more, we hear that nothing can be done to tax major corporations because of the threat of how they would respond. Likewise, we cannot stop their price gouging or even the government subsidies and tax loopholes they enjoy. For example, as the oil majors reap stunning profits from high oil and gas prices, we are told it is impossible to tax their windfall profits or stop the billions they get in government subsidies and tax loopholes. There appears to be no way for the government to secure lower energy prices or seriously impose and enforce environmental protection laws. Likewise, despite high and fast rising drug and medicine prices, we are told that it is impossible to raise taxes on pharmaceutical companies or have the government secure lower pharmaceutical prices. And so on.
thinkahol *

Warren Buffett: I 'Should Be Paying A Lot More In Taxes' - 0 views

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    WASHINGTON -- Billionaire Warren Buffett rebutted claims that the Obama administration is unjustly hurting business orders with high taxes by saying that in fact, the wealthy have never had it so good.
thinkahol *

The climate catastrophe has begun. How much more proof do the deniers want? : Johann Hari - 0 views

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    The climate catastrophe has begun. How much more proof do the deniers want?, Environmentalism, Johann Hari
thinkahol *

Why More Equality? | The Equality Trust - 0 views

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    Why More Equality?
    Our thirty years research shows that:

    1) In rich countries, a smaller gap between rich and poor means a happier, healthier, and more successful population. Just look at the US, the UK, Portugal, and New Zealand in the top right of this graph, doing much worse than Japan, Sweden or Norway in the bottom left.
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