Tag: Economics
No pay, no spray: Firefighters let home burn
Firefighters in rural Tennessee let a home burn to the ground because…
Analysis: It’s not a ‘labor shortage.’ It’s a massive reassessment of work in America.
Hiring was much weaker than expected in April. Wall Street thinks it’s…
Crop prices soar to 8-year high, renewing food inflation fears – BNN Bloomberg
Wheat, corn and soybeans powered to fresh highs as weather woes deepen…
Scalpers resell Ontario campsite permits for up to five times the original cost | National Post
Campers are expressing frustration at scalpers selling campsites at steep markups. ‘The…
New inflation data suggest Bank of Canada needn’t worry about raising rates anytime soon | Financial Post
Kevin Carmichael: Evidence of calm from executives and households will embolden central…
A raise or a four-day week; biggest German union seals new deal
Germany’s largest trade union, IG Metall, agreed a 2.3% wage increase, to…
PBO predicts $363-billion deficit, issues warning about stimulus spending | CBC News
Parliament’s spending watchdog says the federal government’s response to the COVID-19 pandemic…
Ditch the dollar & scrap Western payment systems with us to avoid US sanctions’ sting, Russian Foreign Minister Lavrov tells China — RT Russia & Former Soviet Union
Beijing and Moscow could together reduce their vulnerability to Western sanctions by…
Stockton’s Basic-Income Experiment Pays Off
A new study of the city’s program that sent cash to struggling…
Spain to launch trial of four-day working week
Government agrees to proposal from leftwing party Más País allowing companies to…
Thank God it’s Thursday: The four-day workweek some want to bring to the U.S.
Source: Thank God it’s Thursday: The four-day workweek some want to bring…
Goldman Sachs predicts U.S. economy will grow 8% this year
If correct, this would mark the largest economic expansion for the U.S….
Canada blows past estimated cost of Canada Recovery Benefit at $2,000 a month | National Post
The Canada Recovery Benefit was initially estimated by Finance officials to cost…
Transbay Tower developer says lease commitment “no longer in hand” – San Francisco Business Times
Hines acquired Parcel F in 2016 and has been stalled at committee…
Forget $15 an Hour — the Minimum Wage Should Be $24
The minimum wage once went up hand in hand with the productivity…
“BUT THE ENVIRONMENTAL ISSUES WITH CRYPTOART WILL BE SOLVED SOON, RIGHT?”
Cryptocurrencies and NFTs are an absolute disaster for so many more reasons…
China Is Not Ten Feet Tall
Policymakers in Washington must be able to distinguish between the image Beijing…
Stockton’s Basic Income Experiment Has Spectacular Outcome for Progressivism, Covid Relief Package
Source: Stockton’s Basic Income Experiment Has Spectacular Outcome for Progressivism, Covid Relief…
India’s Farmers Will Benefit From Reforms
Right now they are up in arms, but change is necessary. Source:…
A major Chinese bitcoin mining hub is shutting down its cryptocurrency operations
Bitcoin mining consumes more energy per year than entire countries and China…
Electricity: It’s Wonderfully Affordable, But it’s No Longer Getting Any Cheaper – IEEE Spectrum
Source: Electricity: It’s Wonderfully Affordable, But it’s No Longer Getting Any Cheaper…
Electricity retailer Griddy’s unusual plea to Texas customers: Leave now before you get a big bill
Source: Electricity retailer Griddy’s unusual plea to Texas customers: Leave now before…
All the Gold in the World – Visualized in Bullion Bars
This is how all the gold in the world compressed into a…
India is considering four-day work weeks but with longer shifts
The Union Ministry of Labour and Employment is working on new labour…
Spain set to pilot four-day week as response to coronavirus pandemic
Government backs plan proposed by smaller party in exchange for congressional support…
Gamestock GME stock explainer on Twitter
Thread by @MrBrownEyes2020: Ok, since a lot of people seem confused, I’ll…
3 in 5 Canadians support universal basic income as high as $30K/year: poll
According to the Angus Reid Institute, 59% of people in Canada support…
Cannabis oversupply in Canada – 1,000,000 kg
Health Canada released industry-wide cannabis data for October earlier this week showing…
Time For Change: the four-day week as a strategy for unemployment – Autonomy
A four-day working week could save the retail, arts and hospitality sectors…
It’s time to replace furlough with a four-day week | Comment | The Times
The furlough scheme introduced by the government has widely been credited as…
Bali’s thieving monkeys can spot high-value items to ransom
Study finds macaques go for tourists’ electronics and wallets over empty bags…
This Monkey Crime Ring Will Hold Your Shit Ransom
Sopranos superfans will be glad to know that the mafia is still…
What the Big Mac index tells you about currency wars
Could burger prices inform the Biden administration’s thinking on currencies? Source: What…
Four-day week would be affordable for most UK firms, says thinktank
Source: Four-day week would be affordable for most UK firms, says thinktank…
50 years of tax cut data shows trickle-down economics has never worked
Tax cuts for the rich increase inequality and don’t grow the economy…
Macroeconomics, money and post-Brexit recovery, all in one Twitter thread
Source: Macroeconomics, money and post-Brexit recovery, all in one Twitter thread
Immigrants and the Economy
“Is it true that immigrants take jobs away from Americans and are…
The Impact of Crypto Currencies on Developing Countries
Authors: Moritz Holtmeier, Philipp Sandner Source: The Impact of Crypto Currencies on…
50 years of tax cuts for the rich failed to trickle down, economics study says
Tax cuts for the wealthy didn’t boost the economies of the U.S….
Opinion | Dan Price announced a minimum salary of $70,000 to all of his 120 employees back in 2015. It paid off big time
Source: Opinion | Dan Price announced a minimum salary of $70,000 to…
‘We’re not going to have a Christmas,’ says woman told to repay $18,500 in CERB by year’s end | CBC News
A Charlottetown cake-maker disputes a letter from the Canada Revenue Agency saying…
Freeland wants ideas on how to unleash cash hoards. Here’s what experts said – BNN Bloomberg
Here’s what some economists and observers told BNN Bloomberg the government should…
‘Millionaire’s tax’: Argentina passes levy on the super-rich to help pay for Covid response
Argentina’s government has said the new one-off wealth tax could see Latin…
Ottawa eyes ‘pre-loaded stimulus’ in Canadians’ savings accounts – BNN Bloomberg
As Canadians look to Ottawa to repair an economy ravaged by COVID-19,…
$1,500 payment proposed for people who get COVID-19 vaccine
A Congressman wants to pay people who get the coronavirus vaccine. Source:…
‘It’s our duty’: How giving Canadians a basic income can improve health and reduce costs
The COVID-19 pandemic has resurfaced the debate on whether Canada should have…
Covid: Argentina passes tax on wealthy to pay for virus measures
Dubbed the “millionaire’s tax”, the one-off levy will fund relief measures and…
On coffee cups & Marxism
Below is what I wrote after mentioning $1 coffee from McD’s. This…
