International Economics

Michael Moore’s documentary, “Capitalism: A Love Story“, has spurred some talks on the class divide (not yet a war) in the United States. The documentary itself was vintage Michael Moore — simplistic, sometimes polarizing storytelling with a touch of humor. read more  

Globalization can lead to better health but also to increased income inequality, depending on what kind of globalization we are talking about. Economist Therese Nilsson, Lund University School of Economics and Management in Sweden, has studied the connections between inequality, globalization, and health.  

Evidence that the US is a failed state is piling up faster than I can record it. One conclusive hallmark of a failed state is that the crooks are inside the government, using government to protect and to advance their private interests. Another conclusive hallmark is rising income inequality as the insiders manipulate economic policy for their enrichment at the expense of everyone else. Income inequality in the US is now the most extreme of...  

But here's the really interesting thing: This trend is increasing, not decreasing, for newer and more “democratic” online media. As I pointed out in two previous essays ["YouTube, Power Laws & the Persistence of Media Inequality" & "Cuban on Fragmentation & Attention in the Blogosphere .... The Technology Liberation Front is the tech policy blog dedicated to keeping politicians' hands off the 'net and everything else related to technology...  

Evidence that the US is a failed state is piling up faster than I can record it. One conclusive hallmark of a failed state is that the crooks are inside the government, using government to protect and to advance their private interests. Another conclusive hallmark is rising income inequality as the insiders manipulate economic policy for their enrichment at the expense of everyone else. Income inequality in the US is now the most extreme of...  

Two new reports paint a sobering picture of what growing global inequality really means. Not only are wages continuing to drop, lowering the standard of living for millions of workers and increasing the wage gap, but evidence is emerging that rising inequality can be bad for your health. First, the International Labor Organization (ILO), an arm of the United Nations, reported in its “Global Wage Report: 2009 Update” last week that global...