Economics

Want to Save the World? Build a Local Economy!
01 May 2013

by Martin Murphy, Contributor I was pondering the question: ‘If there was a panacea for the challenges we all face, what would it be?’ My research was already steering me towards the idea of localization, [...]

Iran plans oil exports to North Korea
22 April 2013

Tehran and Pyongyang are in talks about possible exports of Iranian oil to North Korea, Iran’s oil ministry said on Saturday. “We have had, and continue to have, negotiations with the North Koreans who [...]

The Bitcoin Revolution
12 April 2013

by Alex Robertson Satoshi Nakamoto is a pioneer, a mystery, and a potential saviour. Having created what many would consider to be one of the most significant advancements in the evolution of currency, Satoshi has [...]

Monsanto Protection Act Proves Corporations More Powerful Than US Government
21 March 2013

by Anthony Gucciardi We’ve seen similar scenarios in the past, events in which the massive financial power of multi-national corporations is able to buy out legislators who were elected to ‘represent’ voters. But now, Monsanto [...]

Why the U.S. Should Legalize Industrial Hemp
17 March 2013

The U.S. government, in all its wisdom, treats hemp and marijuana in the same manner. Despite one offering no psychoactive effects (hemp) and the other offering psychoactive effects (marijuana), both are against the law. [...]

Berlusconi sentenced to 1 year behind bars in wiretap trial
08 March 2013

Italy’s former Prime Minister Silvio Berlusconi has been sentenced to one year in jail after a wiretap trial linked to a 2005 banking scandal. [...]

GMO Agribusiness and the Destructive Nature of Global Capitalism
22 February 2013

Capitalism is based on managing its inherent crises. It is also based on the need to maximise profit, beat down competitors, cut overheads and depress wages. In the 1960s and 70s, in the face [...]

Bill Gates Dodges Questions on Why He Owns 500,000 Shares of Monsanto
12 February 2013

Bill Gates is primarily known as the multi-billionaire who Microsoft, the company behind the most popular computer operating system known as Windows. With this massive wealth, he has retired from leading Microsoft and now [...]

Iceland’s Hörður Torfason – How to Beat the Banksters
05 February 2013

by Alex Peitrowski, Contributor The tiny Nordic European island country of Iceland is presently experiencing one of the greatest economic comebacks of all time. After the privatization of the banking sector completed in 2000, the economy [...]

US banks shaken by biggest fund withdrawals since 9/11
28 January 2013

US Federal Reserve is reporting a major deposit withdrawal from the nation’s bank accounts. The financial system has not seen such a massive fund outflow since 9/11 attacks. The first week of January 2013 [...]

World’s 100 richest earned enough in 2012 to end global poverty 4 times over
23 January 2013

The world’s 100 richest people earned a stunning total of $240 billion in 2012 – enough money to end extreme poverty worldwide four times over, Oxfam has revealed, adding that the global economic crisis [...]

The Incredible Debt Spider: It’s Time to End the Private Fed
18 January 2013

by Rand Clifford The “Federal Reserve Bank” (Fed) is not part of the United States Government. The Fed is a private, for-profit corporation ultimately owned by eight elite banking families: 1. Rothschild’s of London and [...]

Apple fined by Chinese court over pirated books in Apps Store
30 December 2012

A Chinese court has fined Apple Inc $160,400 over a copyright infringement, saying the company sold pirated electronic books via its App Store. Under the court ruling, Apple must pay compensation to eight Chinese [...]

Keanuan Economics
22 November 2012

by Noah Bonn, Contributor For those of you who have seen the movie Speed, starring Keanu Reeves and Sandra Bullock, the bomb on the city bus serves as an excellent analogy for our current [...]

BP Oil Strikes Deal For Pleading Guilty to 11 Counts of Manslaughter
17 November 2012

by Courtney Chapman, Contributor Recently, Russia Today reported that two employees of BP have been indicted for their involvement in the infamous BP oil spill that left 11 workers dead back in 2010. In addition, [...]