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Journal: Financial War, Expropriation of Assets Next?

Economic historians have long recognized that one of the biggest mistakes deepening and prolonging the Great Depression was the establishment of beggar-thy-neighbour policy wars, like trying to protect domestic production by imposing protective tariffs.  But these tariffs hurt everyone, because the reduction in world trade depressed demand and  production to a greater extent than tariffs …

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Journal: Five Myths Debunked–Treasury Run by Crooks

I asked my good friend Marshall Auerback, an investment advisor and lawyer by training and a senior fellow at the Roosevelt Institute, to evaluate Treasury Secretary Timothy Geithner’s claim that TARP has been a stunning success.  Geithner made this claim in a 10 October op-ed in the Washington Post, entitled, “Treasury Secretary Timothy Geithner tackles …

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Worth a Look: Citizens, Banks, and Coal Mining

Phi Beta Iota: We decided to post a long email about helping a major international bank decide not to fund mountaintop removal coal projects for the following reasons: 1)  It illustrates the emergent power of focused citizen advocacy. 2)  It documents the modified behavior of select major banks. 3)  It highlights the complete fragmentation of …

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Omidyar Network to Invest $55M in Internet + Mobile Tech for Gov Transparency and Economic Empowerment

September 21, 2010, NEW YORK CITY — Omidyar Network today announced it will dedicate $55 million to fund technology investments that provide people around the world with information, tools and services that improve their quality of life. The philanthropic investment firm pledged $30 million to progress government transparency and $25 million in support of mobile innovation benefitting …

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Search: Integrity

We worship at the altar of integrity, for us “God” is integrity manifest in all things at all times. Hence, Hell is what we have now, with corruption rampant, true costs concealed and externalized to the public, and a potential paradise lost to the ten high-level threats to humanity: poverty, infectious disease, environmental degradation, inter-state …

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Review: Building Social Business–The New Kind of Capitalism that Serves Humanity’s Most Pressing Needs

4 in isolation, beyond 6 in context–a cornerstone book July 14, 2010 Muhammad Yunus and Karl Weber While I sympathize with those who feel that the book lacks reference to prior art, that social business has been around for a very long time, and that much of the book is somewhat similar to his first …

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