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 | Paul Krugman Nobel Prize winner for economics |
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By Boing Boing on Mar 17, 2019 in: Business, debt, economics
In reports of China's looming debt crisis, it's common to see references to the "shadow finance" or "shadow banking" system, but it's not always clear what these terms mean. One concrete -- and growing -- example of the shadow banking system is...
By Mark Wadsworth on Mar 5, 2019 in: Economics, Feminism
From the BBC:A Lib Dem MP wants to stop items such as razors or deodorants from being priced differently based on whether they are marketed at men or women.On Tuesday Christine Jardine will introduce a bill to Parliament banning what she calls "a sex...
By Boing Boing on Feb 26, 2019 in: economics, politics
Politicians love introducing tax-cuts, because they're reliable vote-getters, even if they're structured to blow up later by giving massive breaks to the super-rich and more modest breaks to middle-class voters, resulting in mounting deficits and eve...
By RedState on Feb 25, 2019 in: Budget, Economics, Economy, Facebook, Google, Government, Internet, Law, News, Policy, Politics, Science, Social Media, Twitter
The new wave of Democrats – with media darling New York Congressman Alexandria Ocasio-Cortez (AOC) in the lead – are fully Socialist. And even more Reality-and-math-challenged than their immediate Democrat predecessors. And that’s say...
By Think Progress on Feb 21, 2019 in: News, Economics, Politics
The Republican tax bill helped U.S. banks gain an extra $28 billion in profits last year, according to new data released Thursday by the Federal Deposit Insurance Corporation (FDIC). In total, the nation’s 5,406 federally insured banks took i...
By Boing Boing on Feb 16, 2019 in: Business, economics, property
China's real-estate bubble is the largest in human history, and despite years of warning signs, it has grown and grown, spilling over into the rest of the world. It's hard to overstate just how crazy China's real-estate market is: 25% of the cou...
(Cartoon image is by Gary Varvel in The Indianapolis Star.)When Democrats proposed programs to help Americans (like Obamacare), Republicans loudly proclaimed the country could not afford it, because it would increase the national debt (which they cla...