Unlocking our climate wealth
Econ4′s James Boyce on how to translate good principles into good practice:
Source: http://tedxtraversecity.com/videos/
Austerity's emperors have no clothes
Stephen Colbert skewers the Harvard economists whose flawed research underpins austerity politics:
Check out Colbert’s interview with UMass-Amherst economics graduate student Thomas Herndon, who showed that austerity’s emperors have no clothes:
Who's got the world's wealth?
The world’s richest 300 people have as much wealth as the poorest 3 billion:
Source: http://www.youtube.com/watch?v=uWSxzjyMNpU
Wealth inequality in America: seeing reality
Check out the differences between (i) what 9 out of 10 Americans think is the ideal degree of wealth inequality; (ii) what they think wealth inequality really is; and (iii) what it really is.
Source: New Economics Institute.
What a deal
The fiscal cliff deal was a “crony capitalist blowout,” in the words of the Wall Street Journal. Bill Moyers explains why:
Source: http://billmoyers.com/segment/bill-moyers-essay-the-crony-capitalist-blowout/.
Race to the bottom
Econ4′s Jerry Epstein breaks downs the fallacy of ‘tax incentives’ as a lure to investment:
Source: The Real News Network.
Read the New York Times story on corporate tax giveaways here.
Local business: Not just a smaller version of big business
Stacey Mitchell of the Institute for Self-Reliance says changing where you shop is only the first step:
Source: http://www.ilsr.org/
20,000 People a Year Die From Effects of Fossil Fuel Generation
Econ4′s own James Boyce calls out fossil fuel companies’ “low-level terrorism”, responsible for 20,000 American deaths every year.
From The Real News
Waste
The food thrown away in Europe and North America would be enough to feed all the hungry people in the world three times over.
Source: http://whypoverty.net/en_GB/video/128.
