No, wealth isn’t created at the top. It is merely devoured there

Money - The Guardian

Bankers, pharmaceutical giants, Google, Facebook … a new breed of rentiers are at the very top of the pyramid and they’re sucking the rest of us dry Rutger Bregman The Guardian This piece is about one of the biggest taboos of our times. About a truth… No, wealth isn’t… Read More »

The Trump Administration’s Potentially Constructive Objectives for NAFTA

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After a campaign in which presidential candidate Donald Trump(link is external) vilified the North America Free Trade Agreement (NAFTA) as one of the worst trade deals in history, the… Jeffrey J. Schott (PIIE) Photo Credit: REUTERS/Eric Thayer In a few areas, as expected, new US goals sharply deviate from past US practice and the provisions of the… These need clarification and… But in a draft letter… The Trump Administration’s… Read More »

The Bigotry of “Intersectionality”

Gatestone Institute

There is no more evidence that Jews are responsible for economic or social inequality in contemporary America, than there was for Jews being responsible for any of the other crimes that… Alan M. Dershowitz Gatestone Institute Indeed, Jews disproportionately support racial equality and other liberal causes. Most successful Jews… The Bigotry of… Read More »

Education Doesn’t Solve the Gender Pay Gap

Gender pay gap - Atlantic

For women in professions that require advanced degrees, such as dentists and physicians, discrepancies in pay are becoming harder to explain. Bourree Lam The Atlantic In recent decades, women have been making significant headway in becoming dentists, doctors, and lawyers—professions which require a significant amount of education and postgraduate training. According to some… Education Doesn’t Solve… Read More »

New York’s Fearless Girl statue to stay on till March 2018

Statue - BBC

The globally popular statue of a young girl staring down Wall Street’s iconic bull will stay in place until next March, New York’s mayor has said BBC News Bill de Blasio said the relevant municipal agencies had backed the idea. The bronze Fearless… New York’s Fearless… Read More »

One Nation and the rise of fascism

Fascism - IA

Like Hitler, One Nation employs conspiracy theories to create divisions and fuel the rise of fascism in Australia, says John Passant. John Passant Independent Australia BACK IN 1998, I wrote an article for the Canberra Times arguing that One Nation was an organisation that had the potential to become fascist. I argued that… One Nation and… Read More »

Third of Australian youth have no job or are underemployed, report finds

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Youth jobless rate rises to 13.5% and underemployment to 18%, hitting highest level in 40… Helen Davidson The Guardian Almost one-third of Australian young people are unemployed or underemployed, the highest level in 40 years, according to a… The rate of underemployment – now at 18% – has become an entrenched feature of the… Third of Australian… Read More »

Investment in Africa: There’s room for everyone

Africa - Al Jazeera

What African countries want are partners who are in it for the long haul and can deliver the best return on investment. Rosa Whitaker Al Jazeera News China is not “moving relentlessly across Africa”. Despite what Peter… Investment in Africa… Read More »

This 50 Year-Old Economics Book Helps Explain the Corporate Republic We Live In

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Revisiting my father’s great work of theory can help us figure out what will take the place of faith in the free… James K. Galbraith The Nation The New Industrial State was my father’s great work of theory. First published in 1967, nearly a decade after the triumph of The Affluent Society, The New Industrial State went beyond criticism of… This 50 Year… Read More »

Solutions for tumultuous times

Global Issues - Al Jazeera

To tackle global threats such as climate change, conflict and disaster, we must join forces and take collective action. Cihan Sultanoglu Al Jazeera News These are infinitely complex times. From the refugee… Solutions for tumultuous… Read More »

Why denying refugees the right to work is a catastrophic error

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It’s not just fleeing conflict that makes victims out of refugees – it’s also denying them the means to become autonomous and… by Paul Collier and Alexander Betts The Guardian From the 1980s on, a dominant international approach has been taken towards the majority of the world’s… Concentrated in a small number of host countries, close to… Why denying refugees… Read More »

PM: Timor-Leste should be in WTO

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Prime Minister Hun Sen yesterday called for Timor-Leste to be made a member of the World Trade Organization (WTO), so the… Khmer Times Mr. Hun Sen made the call at the opening of the Fifth China Round Table on World Trade Organization Accessions in… Mr. Hun Sen recalled how joining the WTO in 2004 helped Cambodia open its… PM: Timor-Leste… Read More »

Women must mentor other women. It’s never been more urgent

Daily Nation

After 108 years of celebrating ‘our’ day, women need to change the way they look at the world, so that the world can change the way it looks at us. Muthoni Thang’wa Daily Nation Otherwise we will begin to sound like a broken record. International Women’s Day… Women must mentor… Read More »

How homophobia hurts workers and businesses

Homophobia - ABC

Homophobia is costly to workers and the businesses that employ them, research shows. Raymond Trau ABC Unfortunately, it’s still prevalent in Australia and the latest lobbying from 34 business leaders for marriage equality emphasises the need for it to be addressed both within and outside the workplace. It’s little wonder… How homophobia hurts… Read More »

EU income inequality and the Great Recession

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EU-wide income inequality declined notably prior to 2008, driven by a strong process of income convergence between European… Eurofound The Great Recession broke this… After 2008, income convergence has been sluggish, while inequality within many countries has increased… Despite the implicit… EU income inequality… Read More »

British banks handled vast sums of laundered Russian money

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Exclusive: Billions of dollars were moved out of Russia in ‘Global Laundromat’ operation, with anonymously owned UK companies playing major… Luke Harding, Nick Hopkins and Caelainn Barr The Guardian Britain’s high street banks processed nearly $740m from a vast money-laundering operation run by Russian criminals with links to the Russian government and the KGB, the… British banks handled… Read More »