Discussions
The recrudescence of zero-sum thinking
Via: bob-nelson
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Stock Market & Investments
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2 Comments
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6 years ago
President Trump believes we live in a zero-sum world in which one country’s gain is another’s loss. This is evident in his reaction to Mario Draghi’s comment this week that additional monetary...
The Big Question for the Fed This Week: Did We Make a Mistake?
Via: bob-nelson
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Stock Market & Investments
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33 Comments
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6 years ago
Central bankers pride themselves on being the grown-ups of economic policy. They want it known they’re basing their decisions on sound economics rather than political considerations. They...
Why Boeing May Never Recover From Its 737 Debacle
Via: bob-nelson
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Stock Market & Investments
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1 Comments
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6 years ago
Most of us are familiar with the acronym “ FUBAR .” A recent New York Times article on the Boeing 737 fiasco provides a perfect illustration of the concept. We’re now learning that the...
‘Socialism for the rich’: the evils of bad economics
Via: bob-nelson
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Stock Market & Investments
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121 Comments
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6 years ago
I n most rich countries , inequality is rising, and has been rising for some time. Many people believe this is a problem, but, equally, many think there’s not much we can do about it....
Fossil fuels are underpriced by a whopping $5.2 trillion
Via: bob-nelson
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Stock Market & Investments
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15 Comments
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6 years ago
The world’s top climate scientists calculated in a startling report last year that if we want to limit global warming to 1.5 degrees Celsius this century to avoid devastating social and...
Boeing Is a Perfect Parable for 21st-Century Capitalism
Via: bob-nelson
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Stock Market & Investments
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6 Comments
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6 years ago
Wikipedia A veteran commercial pilot and software engineer with over three decades of experience has just written the most damning account of the recent Boeing 737 fiasco. At one...
Clean copy: Bernie Sanders and the Myth of the 1 Percent
Via: bob-nelson
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Stock Market & Investments
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47 Comments
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6 years ago
A peculiar chapter in the 2020 presidential race ended Monday, when Bernie Sanders, after months of foot-dragging, finally released his tax returns. The odd thing was that the returns...
STOCK MARKET: Blackstone CEO Schwarzman Makes $573 Million in One Day as Shares Jump
Via: krishna
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Stock Market & Investments
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21 Comments
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6 years ago
Photo credit: Lugen Family Office A plan by the giant U.S. private-equity firm Blackstone Group (BX - Get Report) to convert from a partnership into a stock corporation sent the...
Consumer Reports reviews popular online tax-prep services — and finds a few problems
Via: perrie-halpern
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Stock Market & Investments
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2 Comments
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6 years ago
By Herb Weisbaum Do-it-yourself online tax preparation services promise expert advice and “guarantee” to maximize your refund . But can they live up to these claims? Consumer Reports...
Sears wins reprieve from liquidation as Chairman Lampert makes last-minute bid on bankrupt company
Via: perrie-halpern
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Stock Market & Investments
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24 Comments
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7 years ago
By Lauren Hirsch, CNBC Department store chain Sears won a reprieve from liquidating Friday after its chairman, Eddie Lampert, submitted a bid in an effort to buy the retailer and keep it...
Why we spend money on things we shouldn't (and how to break the cycle)
Via: perrie-halpern
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Stock Market & Investments
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6 Comments
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7 years ago
By Jean Chatzky I can’t really afford this, but I love it … I really shouldn’t have bought that, but I needed a pick me up … Is this what a spending hangover feels like? Sound familiar?...
Market gains for 2018 wiped out by plunging stocks
Via: perrie-halpern
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Stock Market & Investments
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7 Comments
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7 years ago
By Lucy Bayly The stock market slid dramatically on Tuesday after a slew of disappointing corporate earnings dragged down the Dow Jones Industrial Average and the S&P 500, erasing all...
Mainstream Economics Has Become a Celebration of the Wealthy Rentier Class
Via: bob-nelson
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Stock Market & Investments
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1 Comments
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7 years ago
To paraphrase Mark Twain , everyone complains about inequality, but nobody does anything about it. What they do is to use “inequality” as a takeoff point to project their own views on how to...
We’re Measuring the Economy All Wrong
Via: bob-nelson
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Stock Market & Investments
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1 Comments
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7 years ago
Ten years after the collapse of Lehman Brothers , the official economic statistics — the ones that fill news stories, television shows and presidential tweets — say that the American economy is...
The real Goldfinger: the London banker who broke the world
Via: bob-nelson
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Stock Market & Investments
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1 Comments
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7 years ago
E very January , to coincide with the World Economic Forum in Davos, Oxfam tells us how much richer the world’s richest people have got. In 2016, their report showed that the wealthiest 62...
Ten years on, the Fed’s failings on Lehman Brothers are all too clear
Via: bob-nelson
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Stock Market & Investments
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1 Comments
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7 years ago
The key policymakers have always maintained they had no choice but to let Lehman collapse. That’s simply not true. In 2007 Fortune magazine ranked Lehman Brothers investment bank number 1 on...
One chart that shows how much worse income inequality is in America than Europe
Via: bob-nelson
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Stock Market & Investments
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350 Comments
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7 years ago
The income share of the poorest half of Americans is declining while the richest have grabbed more. In Europe, it’s not happening. Income inequality is a growing problem in the United...
Big Business Reaps Trump’s Whirlwind
Via: bob-nelson
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Stock Market & Investments
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1 Comments
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7 years ago
The imminent prospect of a trade war , it seems, concentrates the mind. Until very recently, big business and the institutions that represent its interests didn’t seem to be taking President...
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