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Economics

Just 2 Weeks To Go!

Chris Martenson - March 22, 2017 - 19:33

If you've been thinking about attending this year's annual Peak Prosperity seminar in Rowe, MA (April 6-9), time is running out to make your decision.

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Categories: Economics

Q&A: LibreTaxi's Roman Pushkin on Why He Made a Free, Open-Source Alternative to Uber and Lyft

Shareable Magazine - March 22, 2017 - 12:17

With all the controversy engulfing the global ride-hailing giant Uber, there is more attention on alternative platforms that meet people's transportation needs and don't have the company's ethical baggage. One of the newest and most promising alternatives is LibreTaxi, founded by Roman Pushkin, a San Francisco-based developer and architect with a decade of experience in the technology sector.

Categories: Economics

This Invention Lets Rural Hondurans Clean Their Water — And Own the Treatment Plants

Shareable Magazine - March 22, 2017 - 10:37

Doña Reina remembers the water that ran from the faucet at her home in rural Honduras. It was yellowish, opaque, she said in Spanish, and "y sucia," which means dirty. Then, in 2008, her small village of Tamara received its first water treatment plant, a gravity-fed system made of locally sourced materials that was designed by engineering students in the U.S. Today, Reina's water is clean enough to drink from the tap.

Categories: Economics

Daily Digest 3/22 - IL Unpaid Bills Hit Milestone, Pension Woes Continue

Chris Martenson - March 22, 2017 - 06:17
  • Illinois teachers' pension spiking continues despite $130 billion deficit
  • Rising Pension Debts Checking Muni Supply, Morgan Stanley Says
  • Is the Dallas Police and Fire Pension Crisis the Canary in a National Coal Mine?
  • Illinois' Unpaid Bills Hit Milestone
  • Is Le Pen miles ahead in French polls? 'Secret polls' claim National Front candidate is actually far more popular with voters than official surveys forecast
  • The Balance Sheet Worry for Global Central Banks
  • BOJ’s mission to reflate economy incomplete

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Categories: Economics

The Superrich Have Profited From a Broken System—And Their Money Alone Won’t Fix It

Giving back requires humility. It will be a true test of learning new skills.
Categories: Economics

Why AnyShare is the First 'Complete' Cooperative in the US

Shareable Magazine - March 21, 2017 - 16:46

AnyShare has bold plans to help the world. By creating a multi-stakeholder platform cooperative, the Arizona-based organization wants to support local exchange groups and sharing communities. The AnyShare platform lets you start your own sharing network that makes it easy to add, find, and exchange what your community or group needs to thrive.

Categories: Economics

Podcast: The Call for a New Economy

Shareable Magazine - March 21, 2017 - 16:19

Bellowing out in the songs of eco-village choirs and reverberating down city streets through the chants of the 99 percent, the call for a new economy echoes out over the dying gasps of late capitalism.

From energy co-operatives in Spain that are literally bringing power to the local level, to a small school hidden deep in the English moors that is redesigning the study of economics, to a vast coalition in North America that is challenging domination by the one percent, this episode of Upstream explores the movement for a new economy.

Categories: Economics

Daily Digest 3/21 - The World's Deepest Oil Well, The Mistake That Will Upend Your Retirement

Chris Martenson - March 21, 2017 - 07:22
  • The mistake that will upend your retirement security
  • School Choice Fight in Iowa May Preview the One Facing Trump
  • This Article Won't Change Your Mind
  • Taxes Are Your Money
  • Global carbon emissions continue to stabilize, US has 3% drop
  • Is A Russian-Iranian Energy Pact In The Making?
  • Visualizing The World’s Deepest Oil Well
  • Trying To Avoid Pesticides In Your Food? Maybe Don’t Buy Those Strawberries

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Categories: Economics

Participatory Budgeting is Gaining Momentum in the US. How Does it Work?

Shareable Magazine - March 20, 2017 - 15:52

It's tax season in America. With the deadline looming to pay Uncle Sam less than a month away, many are wondering — or grumbling — about how their tax dollars are allocated in the first place. But now participatory budgeting, a concept in which citizens get to vote democratically on how a particular pot of public funds will be spent, has been gaining traction across the U.S. over the last few years, and promising to give citizens a voice in these matters.

Categories: Economics

The Freelance Contract Gives Gig Workers Fair Working Terms

Shareable Magazine - March 20, 2017 - 15:02
Last November, New York City adopted a ground-breaking legislation to protect freelance workers. Spearheaded by Freelancers Union, a nonprofit based in the city that advocates for freelancers, the "Freelance Isn't Free Act" was the first law of its kind in the nation that mandated contracts for freelance gigs that pay more than $800 and increased penalties for clients who pay late, or not at all.  
Categories: Economics

Robb Wolf: Wired To Eat

Chris Martenson - March 20, 2017 - 09:14

As human animals, our genetic programming pushes us to optimize caloric intake with the minimal amount of effort expended. The food industry knows this, and has for decades been developing "foods" scientifically engineered to appeal to that evolutionary drive. That result? An explosion in obesity, chronic health conditions like diabetes, and a society shamed by itself.

Robb Wolf's guidance revolves around working with, not against, our primal wiring. Eating more, but of the fuel our body truly needs, is much better than merely eating less of the processed gunk sold to us in most aisles of the grocery store.

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Categories: Economics

Daily Digest 3/20 - FBI Probing Trump-Russia Ties, How Bankers Exploit The Economy

Chris Martenson - March 20, 2017 - 08:00
  • How Bankers Became the Top Exploiters of the Economy
  • CryptoCurrency Investing: Research and Due-Diligence
  • Populist Politics And The Dutch Elections
  • Comey Confirms FBI Probing Trump-Russia Ties During '16 Campaign
  • In Gold We Trust
  • The Reclusive Hedge-Fund Tycoon Behind The Trump Presidency
  • Can NYC Reach Its Renewable Energy Storage Goals?
  • Charts of US Gasoline Sales: The US is Bleeding Out Badly. Retail sales by refiners have collapsed by up to 90% in some states

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Categories: Economics

Daily Digest 3/18 - How The Media Manipulates The World Into War, Restoring America’s Rural Towns

Chris Martenson - March 18, 2017 - 08:03
  • Hedge-fund shutdowns last year were most since 2008
  • Trump Deflects Blame for U.K.'s Anger Over Spying Allegation
  • Faking It: How the Media Manipulates the World into War
  • Dutch voters reject anti-Islam candidate
  • What Happens If a Nuclear Bomb Goes Off in Manhattan?
  • Republicans Start Lining Up to Fight for the N.E.A. and N.E.H.
  • Tax Breaks Could Save U.S. Oil Industry Billions
  • Small-Scale Farming Could Restore America’s Rural Towns

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Categories: Economics

Banks Are Evil

Chris Martenson - March 17, 2017 - 17:05

I don't talk to my classmates from business school anymore, many of whom went to work in the financial industry.

Why?

Because, through the lens we use here at PeakProsperity.com to look at the world, I've increasingly come to see the financial industry -- with the big banks at its core -- as the root cause of injustice in today's society. I can no longer separate any personal affections I might have for my fellow alumni from the evil that their companies perpetrate.

And I'm choosing that word deliberately: Evil.

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Categories: Economics

Off The Cuff: Bewitched, Bothered & Bewildered

Chris Martenson - March 17, 2017 - 11:37

In this week's Off The Cuff podcast, Chris and James Howard Kunstler discuss:

  • Rate Hike!
    • The Fed just increased the interest rate by 0.25%
  • Scam-o-rama
    • The financial system is now a racketeering fraud
  • The Net Energy Predicament
    • The unseen cause of so many of the systemic breakdowns we're seeing
  • The Deep State In Turmoil
    • The Trump administration has set off an internal war

James Howard Kunstler returns to Off The Cuff this week for a wide ranging discussion. First on the docket is the recent Fed rate hike, and the baffling logic that markets are using to interpret is as another "bullish" signal for piling into stocks. 

No surprise, Jim thinks the markets have become one big roach motel for investment capital. 

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today.

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Categories: Economics

Daily Digest 3/17 - Good News Friday: Carbon Farming In LA, Increasing Productivity

Chris Martenson - March 17, 2017 - 06:35
  • Can Declining Productivity Growth Be Reversed?
  • This Is What Taking Your City Back Looks Like 
  • Cholesterol-Slashing Drug Can Protect High-Risk Heart Patients, Study Finds 
  • Holi 2017: The Festival of Colors
  • Carbon Farming In Los Angeles
  • A Harvest Underneath The Ice

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Categories: Economics

The Cuts in Trump’s Budget You Haven’t Heard About

While national outrage is focused on Public Broadcasting and the National Endowment for the Arts, tiny agencies helping communities that teeter on the edge of poverty would also disappear.
Categories: Economics

Podcast: The Benefits of Collaborative Leadership and Employee Ownership

Shareable Magazine - March 16, 2017 - 22:59

King Arthur Flour, founded in 1790, is America's oldest flour company. However, the company's approach to social impact, executive leadership, and stock ownership is very different from the vast majority of traditional corporations.

Categories: Economics

Daily Digest 3/16 - Bird Flu Comes To TN, Trump's 'America First' Budget Unveiled

Chris Martenson - March 16, 2017 - 07:41
  • In Trump Budget, More for Military, as His Supporters May Lose out
  • Death, Debt, Devaluation, And Taxes
  • Stem cell clinic masquerading as legit research blinds three in Florida
  • Sunny Days Ahead For Solar Power
  • Did you miss that last JNUG Signal?
  • Why Carl Icahn And Valero Are Pushing For Biofuels Changes In Washington
  • 2 of a Farmer’s 3 Children Overdosed. What of the Third — and the Land?
  • USDA Issues Update on Highly Pathogenic Avian Influenza in Tennessee

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Categories: Economics

How Rich Is Your Knowledge Capital?

Chris Martenson - March 16, 2017 - 06:36

The best way to defend yourself against the risk of 'losing it all' is to have an important part of your wealth stored between your ears, where it can't be taken from you.

If bad fortune should intervene and you lose your financial wealth, or you need to move away from your current community and start all over again, you'll be able to build a future if you have valuable skills, knowledge and expertise to rely on.

This will be especially true if the future unfolds the way we expect, where declining energy yields and economic stagnation sentence us to doing less. In such a world, a much higher premium will be placed on those individuals who know how to create value. Who know how to get things done. 

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Categories: Economics