Finance
Bloomberg: Uber Created a $6.1 Billion Dutch Weapon to Avoid Paying Taxes
Great job EU! After years of discussion, Uber simply side-steps EU laws. How was this possible? Read here
Month: August 2019
Climate Crisis
Heiner Flassbeck – The CO2 Cap, Certificates, and the “Distortions”
The Liberals are desperately looking for a purely market-based solution to the climate problem. But there is no such thing. Monetary policy could teach us why a CO2 cap and certificates can never work. Heiner […]
Finance
The Verge: Uber lost over $5 billion in one quarter, but don’t worry, it gets worse
This is price dumping to achieve a dominant market position. How are taxis to compete with a company that receives 30 or 40% Silicon Valley subsidy for every driver for many years? Read here
Economics
Branko Milanović – Nostalgia for a Past that Never Was; Part 1 Review of Paul Collier’s “The Future of Capitalism”
Branko Milanovic examines a world that never was, reflecting why we lack the tools to deal with the world that we have. Branko Milanović is an economist specialised in development and inequality. His new book […]
Climate Crisis
Anna Krzywoszynska – IPCC’s Land Report Shows the Problem with Farming Based Around Oil, not Soil
Sepp photography / shutterstock Anna Krzywoszynska, University of Sheffield The word “climate” makes most of us look up to the sky – however, the IPCC’s new special report on climate change and land should make […]
Economics
Ellen Brown: Neoliberalism Has Met Its Match in China
This piece puts the US-China trade war in context. It’s part of a long history of aggressive US attempts to dismantle successful state-led developmentalism across the global South. China is the last one standing. Read […]
Economics
Jason Hickel: Progress and its discontents
The world has never been better. From global poverty to inequality between nations, all the indicators are showing progress. This is a comforting narrative – popularized by the likes of Bill Gates and Steven Pinker. […]
Austerity
Simon Wren-Lewis: How the lessons from austerity have not been learned
The UK and the Eurozone are both vulnerable to the next recession, but both politicians and central bankers think each other should deal with it. Read here
Finance
Bloomberg: Ex-HSBC Banker Pleads Guilty in $1.8 Billion French Tax Case
The former chief executive officer of HSBC Holdings Plc’s Swiss private bank pleaded guilty to helping wealthy clients hide assets worth at least 1.6 billion euros ($1.8 billion) as French prosecutors flex their muscles to […]
Economics
Bill Mitchell: The Green New Deal must wipe out precarious work and underemployment
The numbers Bill uses are for Australia, but the must be familiar in most any European nation. Read here