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The center of world economic gravity moving east as AIIB shows


Chinese President Xi Jinping (C, front) poses for a group photo with the delegates attending the signing ceremony for the Articles of Agreement of the Asian Infrastructure Investment Bank (AIIB) at the Great Hall of the People in Beijing June 29, 2015. 2,286 more words


Technology primarily benefits those who own it

I can remember 50 and 60 years ago when people worried about what Americans would do with all the affluence and leisure time that would result from automation.   112 more words

Economy And Business

Business Angels in the UK

Professor Richard Harrison, Professor of Entrepreneurship and Innovation, University of Edinburgh Business School and Professor Colin Mason, Professor of Entrepreneurship, Adam Smith Business School, University of Glasgow – winners of the ESRC Celebrating Impact Prize for Outstanding Impact in Business. 684 more words

Celebrating Impact Prize

Wall Street as the co-government of the U.S.

I’ve written many posts about the revolving door between Wall Street and Washington, and how the U.S. government puts the interests of the financial oligarchy above the interests of the American public. 921 more words

Economy And Business

The real U.S. strategic rivalry with China

Don’t look back. Something might be gaining on you.
==Sachel Paige

The big issue that we Americans have with China is not who controls the Spratley Islands in the South China Sea. 646 more words

Economy And Business

The stupidity theory of organizations

This was originally posted on April 30, 2013.

Stupidity in big organizations is not a bug. It’s a feature. So say two scholars, Mats Alvesson of Lund University in Sweden and Andre Spicer of City University in England, in their recent paper, … 833 more words

Economy And Business

Economists, free trade and the TPP

A writer named Michael Goodwin and an illustrator named Dan E. Burr have come up with a clear and complete explanation of the problems with free trade in general and the Trans Pacific Partnership in particular.  7 more words

Economy And Business