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Economics

Economics

Trump Wins Trade War As Global Markets Plummet

It is early July, well before this article goes online, yet the landscape is pretty clear from where I stand. The U.S. and China both raised tariffs on $34 billion worth of goods Friday, July 6. This did not deter…

Economics

In Today’s Commercialized World, Money Is Everything – The Rich Can Even Afford To Buy Better Genes

One afternoon, after a grueling math exam, Ayomah’s math teacher, the old and lean Mr. Jacksotto Tobacco, smoking a thin hand-rolled cigarette, sat them together to recount a news story he’d read from a newspaper. It was a heart-warming piece…

Economics

Human Type of Crisis 1: The Indebted

“suppose that we are happy” Albert Camus – 1942 Negri and Hardt, quite successfully, have identified four types of people created by the neo-liberal economic crisis. The first type is the Indebted. It is the man who has a lot…

Economics

The Torch Has Been Passed

In all through those years since the late 1960’s the United States has evolved into a nation that ceased to learn from the lessons of the past as to what made America such a the great nation. This was the…

Economics

Thwarted Again?

It is quite apparent that the DNC as well as the most of our political leaders continues to be oblivious to the real crisis facing America today. Not only are they noncommittal to the mounting inequality but are intent in…

Economics

More’s Utopia

Thomas More (1477 – 1535) published the very first formal utopia. He imagined a complicated, self contained earth established on an island, in which communities shared a typical culture and way of living. More ‘s Utopian society is actually communal….

Economics

Tariffs: Reality Check

In 1776 Adam Smith stated: “It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost him more to make than to buy. If a foreign country can make…

Economics

When Coffee Was A Dime

The world when coffee was a dime seems so distant now. The turbulence of the times mirrors much of the events that occurred almost like it was 86 years ago. Even though much has changed yet much remains reminiscent of…

Economics

Human Rights?

Today, our Republicans in congress and the Trump Administration are quite apt in forging a complete antithesis to the preamble to the Declaration of Independence. For that matter in no other time in our history has there been such an…

Economics

More Jobs Added, But Unemployment Goes Up? Welcome to Our New Reality

The U.S. economy added 213,000 jobs in June, more than the 195,000 expected. Job numbers for May were revised up to 244,000 from 223,00. How is it then that unemployment jumped from 3.8% to 4.0%? Welcome to the new reality…