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Economy

Berlin is ignoring the lessons of the 1930s

June 8th, 2012  |  Source: FT.com OPINION

 

Is it one minute to midnight in Europe?

We fear that the German government’s policy of doing “too little too late” risks a repeat of precisely the crisis of the mid-20th century that European integration was designed to avoid.

 

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Too Much Faith in Markets Denies Us the Good Life

June 7th, 2012  |  Source: Bloomberg Opinion

John Maynard Keynes’s generation of economists assumed that as people became more efficient at satisfying their wants, they would, and should as rational agents, work less and enjoy life more. Yet power relationships and the insatiability of human wants are such that we have maintained an ethic of acquisitiveness.


Soros: 3 Months to Euro Collapse

June 4th, 2012  |  Source: NASDAQ Community

On Saturday, famed hedge fund billionaire and economic theorist George Soros gave a speech in Trento, Italy before the Festival of Economics about the European financial crisis. It's quite long, but still well worth reading because his understanding of Europe's problems is clear and deep. You can find it on his site GeorgeSoros.com.

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Nike Is About To Release The Most Anticipated Sneaker Ever

June 2nd, 2012  |  Source: Businessinsider.com

Nike's uber-hyped Air Yeezy II is finally coming out next week (June 9th, to be exact).

The Kanye West-designed sneaker is the most anticipated shoe ever.

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Offshore boat nurtures non-US tech startups

May 30th, 2012  |  Source: Springwise.com

Located close to Silicon Valley, Blueseed aims to be the first offshore floating startup community for firms whose employees do not have US work permits.

With plans to launch between the third quarter of 2013 and the first quarter of 2014, Blueseed will consist of a large vessel located 12 nautical miles from the coast of California, in non-territorial waters.


The Pennsylvania Ghost Town That's Been Burning For 50 Years

May 27th, 2012  |  Source: Businessinsider.com

It's not completely clear how the fire started, but most historical accounts hold that burning trash in a landfill near an abandoned strip mine ignited an exposed coal vein. The fire spread throughout a labyrinth of coal mines beneath the town, creating a giant underground inferno. 

That was 50 years ago today. 

Half a century later, Centralia, Pennsylvania still burns.  


How aid got smarter

May 26th, 2012  |  Source: FT.com

 

Academics, donors and some aid agencies have begun measuring what works. Development is becoming a science

I knew I was going to love this job here,” says Anthony Lake, Unicef’s executive director, pointing at his heart beneath his suit jacket. “But,” he points to his head, “it is fascinating here too. There are no boring bits.”


Exile on Wall Street: One Analyst's Fight to Save the Big Banks from Themselves

May 22nd, 2012  |  Source: CasePlace.org

An insider points out the holes that still exist on Wall Street and in the banking system. Exile on Wall Street is a gripping read for anyone with an interest in business and finance, U.S. capitalism, the future of banking, and the root causes of the financial meltdown. 


Champions League Final Also Tests Financial Muscle

May 18th, 2012  |  Source: WSJ

 

There is more at stake in Saturday's Champions League final between Bayern Munich and Chelsea than the title. In it, the social market economy goes head-to-head with Anglo-Saxon capitalism.

 

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A Harvard MBA's radical quest to erase his debt

May 16th, 2012  |  Source: Fortune

B-school grad Joe Mihalic went on an extreme financial diet to pay down over $90,000 in debt in just seven months and charted his story through an anonymous blogging project.

By John A. Byrne




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