In another sign that times “are a-changing’, the Dow Jones has dropped Exxon Mobil from its influential index. Why does this matter? Well, the Dow Jones Industrial Average is the classic blue-chip stock index. Exxon Mobil is an iconic blue-chip stock and the longest-tenured … [Read more...] about The Dow Jones just dropped its oldest member: Exxon Mobil
economics
Andrew Yang joins cash relief initiative giving away $1,000 checks
Many people scoffed at Andrew Yang when he ran for president this past year on the single issue of universal basic income (UBI). Foreseeing mass job loss in the future, Yang wanted to introduce something he called a “Freedom Dividend,” which would provide every American adult … [Read more...] about Andrew Yang joins cash relief initiative giving away $1,000 checks
Hiring America: The case for creating a 21st-century climate corps
When millions of Americans were jobless during the Great Depression of the 1930s, the US government created a number of public works programs to get people working as a part of the New Deal. One of those works programs led to the creation of the environmentally focused Civilian … [Read more...] about Hiring America: The case for creating a 21st-century climate corps
California has set up a task force to rebuild a more inclusive economy
If California were a sovereign nation, it would be the fifth-largest economy in the world, slotted in between Germany and India. So the decisions the state makes as it begins to consider how and when to reopen businesses and reboot the economy in the wake of the coronavirus … [Read more...] about California has set up a task force to rebuild a more inclusive economy
Amsterdam is ditching our broken economic system for the doughnut model
This is one of those stories that you might look back to in a few years and remember as the starting point of a huge change in our world’s history. When we first covered this story two years ago, it was already showing tons of promise. So, what are we talking about here? In … [Read more...] about Amsterdam is ditching our broken economic system for the doughnut model