Commerce
The following blog entry is by Sarah at the Healthy Home Economist. Thanks, Sarah!
The vaccine industry went home with its tail between its legs after suffering an enormous and...
A few weeks ago I flew to Chicago, hopped into a rent-a-car, and navigated my way on the tangle of interstate highways to the now mostly former industrial region in the northwest corner of Indiana just off lowest Lake Michigan between the towns of Whiting and Gary. The desolation of human endeavor lay across the land like nausea made visible, but more impressive was how rapid the rise and fall of it all had been.
Not much more than 150 years ago this was a region of marshes, dunes, swales, laurel slicks, and little backwater ponds of the huge lake. The forbidding flat emptiness of the terrain made it perfect for running...
"The Inaugural Public Banking in America conference has begun. We have a sold out crowd of participants, an excellent line up of speakers and you can watch all sessions live on Ustream! Ethan Allen gave us a brillian exhortation last night, sharing his perspective on public banking with the crowd packing Fergie's Pub in Philadelpha."
I spent the day last Monday at the United Nations by invitation of the Bhutanese government (along with about 600 other guests). The event was called “High Level Meeting on Well-being and Happiness: Defining a New Economic Paradigm.” I thought, “It must not be very high-level if I am invited.” Nonetheless, there I was among 600 activists, economists, NGO workers, bankers, et al from around the world, listening to speeches by prime ministers and Nobel laureates. Except for the monks, I was the only man not wearing a necktie. But that wasn't what disturbed me about the meeting.
Let me give you a bit of background. In 1972, the King...
The first annual Vermont Gear Swap & Sale will be held at the West Monitor Barn in Richmond on Saturday, May 5 (Green Up Day!), from 10am-6pm.
Local and national outdoor companies will provide discounted gear, apparel and other equipment. 20% of all sales will benefit much needed Irene cleanup conducted by the Vermont Youth Conservation Corps and the various charitable efforts of the...
If you want to know how the economy works read the Mother Jones article : It's the Inequality, Stupid The top 10% own 73% of all the wealth. Those are the rules.
Polanyi wrote in his classic book, "The Great Transformation" that land, capital, and labor are "false commodities" because they are not produced or manufactured. Land and capital do not follow the rules of the market because they are in limited supply and are subject to asset bubbles. Competition for most goods causes more suppliers and the price to be competed down. Competition for assets such as land drives the price up until the bubble pops as we saw in 2008...
The Bank of North Dakota holds the state general fund as deposits, meaning the bank and lend money into existence using the general fund as the reserves. This allows the state to self-finance public capital projects without borrowing money at high interest from Wall St bond markets. This also means North Dakota's community banks have the state bank backing them up and guaranteeing their loans, which results in low-cost accesssible credit to North Dakota's small business and agriculture economy. This is win-win-win, for everyone, including the community banks, and is a central reason that North Dakota has the strongest economy in the US.
Vermont Commons and the Vermont Monetary Policy Group have been working on the issues of...
Activism, Commerce, Business, Economics, Other, Governance, Foreign Policy, Transportation, Farming, Elections
Saturday February 18, 2012
House Chamber of The Vermont State House
Montpelier, VT
12 noon-3pm
Peace – Love – Liberty
Join us as we fire up the Ron Paul 
in Vermont and respond to the status quo, party line rhetoric with REAL CHANGE: the message of liberty, freedom and a return to the Constitution.
Vermont’s open...
In the more than two centuries since the beginning of radical transformation of economic life that accompanied the rise of industrial capitalism, one of the most interesting trends has been the changing nature of the forms through which people have engaged in economic activities. Before the industrial revolution, an artisanal mode of production predominated, with many small work-shops producing the goods required by the largely agrarian economy. At first glance, such the existence of many small firms would suggest a highly competitive economy; however this was not the case. Rather, the high cost of transporting goods created by...
The awesome exertions of the global banking system to evade the mandates of reality finally yield in a sickening slippage to epochal unwind. What a bad idea: to try to juke nature itself. In case you weren't paying attention over the weekend - and who really wants to? - the cosmic Brinks truck of free money went over a cliff, and the darn thing will keep free-falling until (at least) the American markets open again on Tuesday.
So, everybody and his uncle over in Europe got a sovereign debt downgrade and now the math changes for all the pretend bail-outs and back-stops that had been so exquisitely rigged...
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