Tag: economy
Mar. 17, 2017
The power of sustainable materialism
Environmental activism has shifted away from the notion of post-materialism, the idea where people will inherently impact the environment less as their basic needs are…
Jan. 27, 2017
What should the left do in the age of Trump?
Get over it, Joe Biden was advising us the other day. It’s happened, it’s done. Well, yes. Donald Trump is our 45th president, and our…
Feb. 5, 2016
Desperate measures to stimulate economy
The Japanese central bank — Bank of Japan — surprised the world by deciding to have negative interest rates on commercial banks’ excess reserves. What…
Aug. 21, 2015
Plot twist, China devalues currency in economic strategy
China recently devalued its yuan by about 1.9 percent, marking the largest drop in two decades. The devaluation came as a surprise to many markets…
Oct. 23, 2014
A look into the US economy
In my previous article, “Oil prices on surprising decline,” published Oct. 10, I indicated that in order to understand the signals coming to us from…
Sep. 19, 2014
Rise of US dollar could prove viable
The U.S. dollar has appreciated by about 6 percent against major currencies, such as the euro and the yen, in the last two months. This…
May. 23, 2014
Unintended consequences
Throughout history, we’ve witnessed the ascension of fringe political parties into power when their economies were in prolonged downturn and their citizens were unhappy. The…
Nov. 8, 2013
Business: too big to prosecute?
How much is $1.8 billion? That all depends on how you look at it. If you’re Steve Cohen, the director and sole owner of SAC…
Nov. 8, 2013
Corruption in the House
A few days ago, something really crazy happened in the House of Representatives, and you probably haven’t heard a word about it. To understand the…
Jun. 28, 2013
Airline fares on the rise
Summer is here, and this season’s travel is in an advanced planning stage if not already underway. I used to travel from New York to…