Tags » Economics

The Dangerous Of: Conflating Crony Capitalism with the Free Markets

This is Part II of the series “The Dangers of:” and today we are talking about crony capitalism and the conflation with an actual free market economy. 668 more words

Economics

Developing countries face a double whammy, the health impact of the virus and their inability to pump out central bank money. Industrialised countries must come to the rescue, for the benefit of all.

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Economics

IHME predicts COVID-19 to Peak in Minnesota April 23-26 with 625 Total Deaths

Saint Paul, Minn.–Washington University’s Institute for Health Metrics and Evaluation has released an updated model showing that Minnesota COVID-19 deaths will peak April 23 through the 26, with an estimated 625 deaths by August 4. 43 more words

Putting Black Empowerment to Emergency Use

Cooperation Jackson deploys its community production capacity to make masks during COVID-19.

For a few years now, Kali Akuno has been on the receiving end of a fair amount of skepticism as to why Cooperation Jackson, the black empowerment and democracy collective he helped form  in the middle of the “hood” in West Jackson, Mississippi, needed 3-D printers in its fabrication lab. 1,013 more words

Economics

Covid-19 Economy Update, April 9: Unemployment Claims Continue to Rise

The Department of Labor released their weekly report on unemployment claims this morning. Unfortunately, the data show that the pandemic continues to force people out of jobs as lockdown measures continue across the country. 93 more words

AD Data: 6,606,000 Million Jobless Claims

Saying that the jobless claims data from March 12th to April 9th is historic is 100% warranted.  On March 12, 2020, jobless claims were still near historically low levels and headed lower on a week to week basis. 485 more words

Economics

Pandemic Journal (# 9 ): Confessions of a Sports Fan

I always have considered myself as a moderate sports fan. I follow the Minnesota Twins major-league baseball team. Last year when they were playing so well, winning the Central Division of the American League and setting a major-league record for the most home runs in a season (307) by a team, I went to about five games at nearby Target Field and watched many more on television. 452 more words

Economics