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Economics

Why Give Breaks to Huge Corporations When We Could Invest Public Money Down the Street?

Cities and states fork over an estimated $70 billion each year to large companies that don’t need public assistance to thrive. We could spend that money on our own neighborhoods.
Categories: Economics

14 Guides on Throwing Awesome Community Sharing Events

Shareable Magazine - May 5, 2016 - 10:01

Organizing a local sharing event is a great opportunity to bring people together and cultivate a culture of cooperation in your community. Whether it's a one-off skillshare or an annual ShareFest, events show people that sustainable, reciprocal societies are possible — and they're a lot of fun too.

Categories: Economics

Daily Digest 5/5 - A Bitter Pill, 4.5-Million-Barrel Per Day Oil Shortage Looms

Chris Martenson - May 5, 2016 - 08:21
  • Europe to Remove 500-Euro Bill, the ‘Bin Laden’ Bank Note Criminals Love
  • Actually, Hillary Clinton is a fiscal conservative — look it up
  • The Mythology Of Trump’s ‘Working Class’ Support
  • Turkish ruling party preparing to replace PM Davutoglu: officials
  • Medical Errors Are No. 3 Cause Of U.S Deaths, Researchers Say
  • A Bitter Pill
  • A 4.5-Million-Barrel Per Day Oil Shortage Looms: Wood Mackenzie
  • People who fled Fort McMurray wildfire now evacuated from Anzac after blaze moves south

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Categories: Economics

This Worker-Owned Tech Startup Found Investors — and Kept Its Values

Shareable Magazine - May 4, 2016 - 14:30

This piece was written by Nathan Schneider for Yes! Magazine.

Categories: Economics

At the Toronto Public Library, You Can Now Borrow Musical Instruments

Shareable Magazine - May 4, 2016 - 08:32

Have you ever wanted to learn to play a musical instrument but weren’t sure where to start? In Toronto, it’s as easy as heading down to the public library.

The Parkdale branch now has a Musical Instrument Lending Library stocked with more than 100 instruments, including guitars, ukuleles, drums, violins, keyboards, a banjo, and a mandolin.

Categories: Economics

Hipcamp's Service Takes House Sharing to the Great Outdoors

Shareable Magazine - May 4, 2016 - 08:14

A few years ago, Alyssa Ravasio spent hours searching for a campsite along the California coast to watch the first sunrise of 2013. Ravasio told Techcrunch that it was "absurdly difficult" to find a campground that offered a view of the ocean. 

She did end up finding a spot on the beach where she saw spectacular waves — perfect for surfing — except Ravasio didn't have her surfboard with her. The detail about the waves hadn't shown up in her search results. 

Categories: Economics

Off The Cuff: Elusive Earnings

Chris Martenson - May 4, 2016 - 07:55

In this week's Off The Cuff podcast, Chris and John Rubino discuss:

  • Elusive Earnings
    • Corporate profits are vaporizing across all sectors
  • Non-GAAP Crap
    • Companies are increasingly contorting their books to look more solvent than they are
  • The Ramifications Of Distorting Price Signals
    • Malinvestment the world 'round
  • Inflate Or Die
    • Why helicopter money is coming

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Categories: Economics

Daily Digest 5/4 - China's Coming Bank Bailout, Rising Health Care Costs Weigh On Voters

Chris Martenson - May 4, 2016 - 06:36
  • Report: County's Pension System Falls Below Previous Funding Levels
  • Politics In Real Life: Rising Health Care Costs Weigh On Voters
  • Oil town Americans late on car loan payments
  • Australia's Central Bank Cuts Rates to Record Low
  • Saudi builder Binladin cuts 77,000 jobs, to lay off Saudis
  • Illinois's Record Budget Standoff Risks Getting More Entrenched
  • The riskiest energy companies are defaulting at a record rate
  • With Clock Ticking, Atlantic City Avoids Default -- But How Much Time Did It Buy
  • Detroit in a downward spiral as budget dries up
  • EU Cuts Euro-Area Inflation Forecast, Warns Nations on Debt
  • Chinese cities dive back into debt to fuel growth even as defaults rise
  • Australia’s A$500 Billion Debt Pile to Test Bond Buyer Appetite
  • Listed Chinese companies suffer first profit drop since 2008
  • China's Coming Bank Bailout
  • Puerto Rico warns of more defaults after missing May payment
  • Corporate Brazil faces cash risks through 2017 -Moody's
  • IMF cuts Africa growth forecast to 3% in 2016
  • EU forecasts France, Italy, Spain, to miss budget targets
  • EU Sees Weaker Growth in Eurozone and Wider EU as China Slowdown Weighs
  • U.S. data is being leaked, ECB study suggests

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Categories: Economics

Why the Economy Should Stop Growing—And Just Grow Up

“How do we grow the economy?” is an obsolete question. Local initiatives across the world are looking for maturity instead as they rebuild caring, place-based communities and economies.
Categories: Economics

DIY Mosquito Repellent

Chris Martenson - May 3, 2016 - 15:38

As your family begins to move outdoors for the summer, you’ll have to take precaution against mosquitos and other insects.

Using mosquito repellent helps reduce your risk of exposure to Zika, West Nile virus or other diseases, it allows you to enjoy your summer activities with a lower risk of disease.

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Categories: Economics

Living the New Economy Convergence 2016 to Tackle Systemic Inequities

Shareable Magazine - May 3, 2016 - 10:29

The Living the New Economy Oakland Collaborative is excited to announce the Living the New Economy Convergence 2016, to be held at Mills College, in Oakland, CA, from Oct. 21-23. We’re a broad coalition of community leaders and social entrepreneurs committed to advancing inclusive economic, racial, and environmental justice solutions in Oakland.

Categories: Economics

Daily Digest 5/3 - Food Theft 'Not A Crime' If Hungry, Glacier Dominoes Fall

Chris Martenson - May 3, 2016 - 08:15
  • Myth of China As Exporter Turned Domestic Consumer
  • Debt: The Key Factor Connecting Energy and the Economy
  • Patrick Henningsen Exposes the Human Rights–Industrial Complex
  • When the Truth is Found to be Lies, Confidence in Currency Dies
  • Critical Life Lessons to Avoid Getting Conned 
  • Italian court rules food theft 'not a crime' if hungry
  • Oil Prices Edge Lower As OPEC Nears Record Output
  • Dominoes fall: Vanishing Arctic ice shifts jet stream, which melts Greenland glaciers

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Categories: Economics

Library Necktie Collection Gives Job Seekers a New Twist

Shareable Magazine - May 3, 2016 - 08:10

As the library of things movement continues to grow, one library in Philadelphia is bringing a new twist to its offerings: neckties.

The Paschalville Branch Library in southwest Philadelphia loans out ties to job seekers for three weeks at a time. Dubbed a “tiebrary,” the collection includes a variety of patterns, including dots, plaid, and stripes.

Categories: Economics

Immigration Is Not Just a Latino Thing. Here’s Why We Need Black Leaders

For years, the immigrant rights movement has been largely led by Latinos. Today, Black leadership is playing an increasingly important role in the grassroots fight to change U.S. immigration policy.
Categories: Economics

How #MapJam is Connecting the Global Sharing Movement

Shareable Magazine - May 2, 2016 - 13:20

We're delighted to report that #MapJam 3.0 was a great success and a testament to the ever-growing interest in showcasing and utilizing community-based sharing resources. More than 200 people came to #MapJam events in cities around the world, including Beirut, Gothenburg, Lisbon, Rio de Janeiro, San Francisco, and Toronto, to create and update public maps of resources in their communities that foster sharing. 

Categories: Economics

Explore the New Economy’s Potential During Global Sharing Week

Shareable Magazine - May 2, 2016 - 13:19

Mark your calendars: Global Sharing Week 2016 takes place June 5-11.

At a time when endless consumption and the privatization of the commons grows ever more pervasive, the simple act of sharing can be revolutionary. It challenges the notion that for-profit companies and other private enterprises must be the suppliers of all goods, services, and experiences in our day-to-day lives. That's why people are coming together to share resources and knowledge with each other. It's empowering, sustainable, and leads to stronger, more resilient communities.

Categories: Economics

Daily Digest 5/2 - The Clueless Lawmakers Controlling Your Digital Future, Human Extinction Isn't That Unlikely

Chris Martenson - May 2, 2016 - 08:05
  • Listen Carefully for Hints of the Next Global Recession
  • The Lawmakers Who Control Your Digital Future Are Clueless About Technology
  • Recovery Lies, Debt Lies, Retirement Lies, Immigration Lies: John Rubino
  • The Housing Sector Is Waving Red Flags
  • 6 EU member countries ask Brussels for 2-year internal border control - report
  • How Microgrids May Transform The Future Of Energy
  • Dredging of Miami Port Badly Damaged Coral Reef, Study Finds
  • Human Extinction Isn't That Unlikely
  • Greenpeace Publishes Leaked TTIP Documents Revealing ‘Grave’ Environmental, Public Health Concerns

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Categories: Economics

Saving the Planet is More Than Just Switching to Renewables

Shareable Magazine - May 2, 2016 - 07:49

Photo credit: Bush Philosopher - Dave Clarke via Foter.com / CC BY-NC-ND. Article cross-posted from Local Futures. Written by Steven Gorelick.

Categories: Economics

The Little-Known Farmworkers Who Sparked the Biggest Labor Movement In U.S. History

There would be no Cesar Chavez without the Filipino manongs of Delano, California, whose decision to strike set off the most significant labor movement the United States has ever seen.
Categories: Economics