Category Archives: Economics

In this category scientific articles about economics, abstracts and URL’s are placed.

What the 1% Don’t Want You to Know

https://www.youtube.com/watch?v=QzQYA9Qjsi0&feature=em-subs_digest-vrecs Economist Paul Krugman explains how the United States is becoming an oligarchy – the very system our founders revolted against. On a global view it is an interesting question. Inequality is acceptable until it promotes society’s progress. Very rich … Continue reading

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EROI — A Tool To Predict The Best Energy Mix

Modern society was born a hundred and fifty years ago when coal began providing sufficient energy to make lots and lots of steel and steam, lifting ordinary citizens out of poverty and into the newly-developing middle class. Soon after, we … Continue reading

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The Richest Man In Asia Is Selling Everything In China

Submitted by Simon Black of Sovereign Man blog, Here’s a guy you want to bet on– Li Ka-Shing. Li is reportedly the richest person in Asia with a net worth well in excess of $30 billion, much of which he made … Continue reading

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Safer Nuclear Power, at Half the Price

Transatomic is developing a new kind of molten-salt reactor designed to overcome the major barriers to nuclear power. Transatomic Power, an MIT spinoff, is developing a nuclear reactor that it estimates will cut the overall cost of a nuclear power … Continue reading

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Thorium-based nuclear power

One new idea (to me) is “accelerator-driven subcritical reactors” that generate energy by the fission of lighter elements such as thorium without requiring a critical mass. Such reactors would never lead to meltdowns such as Fukushima and Chernobyl. Although not … Continue reading

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The fastest growing Industry, prisons for profit.

http://www.youtube.com/watch?v=JWg-rLYcO7o http://www.thenation.com/video/162587/how-alec-turned-prisoners-corporate-americas-cheap-labor-force http://www.huffingtonpost.com/john-w-whitehead/prison-privatization_b_1414467.html http://www.dailykos.com/story/2012/04/29/1086699/-Billion-dollar-GEO-prison-for-profit-group-abandons-its-Mississippi-cesspool Looks like marijuana possession is the most common reason to toss people into private prisons for decades, giving them the longest sentence possible. So the going wage is 20 cents an hour — I guess that’s … Continue reading

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The Price of Inequality

The discussion of The Price of Inequality by Nobel laureate economist Joseph Stiglitz at the Boulder World Affairs Discussion Group. Links to various materials can be found at http://www.colorado.edu/philosophy/vstenger/Stiglitz.html The book covers a lot of what people have been talking … Continue reading

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Hans Rosling’s new insights on poverty.

Swedish statistician Hans Rosling’s new insights on poverty. Nice presentation graphics and don’t miss his grand sword swallowing finale… http://www.ted.com/talks/hans_rosling_reveals_new_insights_on_poverty.html See also his presentation on the ‘miraculous’ development of Bangladesh: http://www.gapminder.org/videos/gapcasts/gapcast-5-bangladesh-miracle/ http://www.ted.com/talks/hans_rosling_and_the_magic_washing_machine.html

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Plutocracy now

, That’s Right! | Fred Karger Is Flush | Why Islam-Baiting Doesn’t Work Illustrations by Jason Schneider Eleven charts that explain everything that’s wrong with America. — By Dave Gilson and Carolyn Perot A huge share of the nation’s economic growth over the past … Continue reading

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