US trucking shortages might be at an end
Right now, economists, workers, and consumers alike are all holding their breath with the looming potential of a recession. It’s a lot to mentally wrangle with while we all look at various economic indicators and hope for the best. One major indicator of the US economy, though, is trucking, a Read More...
The Dow Jones just dropped its oldest member: Exxon Mobil
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 member of the Read More...
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 with a basic Read More...
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 Conservation Corps. Read More...
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 crisis have major Read More...
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 years ago, it was already showing tons of promise. So, what are we talking about here? In 2018, we shared a story Read More...
Why we buy
The emerging field of behavioral economics helps explain why spending comes so much easier than saving. Adam Smith |July/August 2010 issue We need more than multinationals to achieve economic Read More...
The altruism in economics: Getting to the heart of money
Standard economic theory states that people are interested only in their own material gain. But new insights from behavioral economics show that altruism rather than avarice is our primary motivation. Jeremy Mercer | May 2009 issue [caption id="attachment_69636" align="alignleft" width="280"] Read More...
The meaning of money
A more sustainable financial system must involve consumers, too. Here are five things you can do right now to make a difference. Janet Paskin | December 2008 issue It’s not just investment bankers who’ve been hit hard by the financial crisis. Millions of regular people have seen huge holes Read More...
A different kind of home security
Community financial institutions can help take the edge off the credit crisis. Amy Domini | November 2008 issue While its influence has touched the world, the financial crisis created by subprime mortgage lending has its roots firmly planted in the U.S. Because the crisis serves as a warning to Read More...