Econintersect: This 2012 British documentary looks at the nature of the dominant economic system on the planet and asks fundamental questions about what causes the problems seen with poverty, criminality, wide spread social unrest and insurgency. Early on the focus comes down to one dilemma: Is the problem human greed or is the problem systemic? Video follows Read more >> jump.
Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.
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from The Conversation, The Conversation
--this post authored by Gurminder K. Bhambra, University of Warwick
The refugee crisis currently playing out across the borders of Europe has hardly escaped anyone's attention. But imagine if the 2,000-plus bodies that suffocated in lorries and washed up on the shores of the Mediterranean were not from the Middle East or Africa.
Infographic Of The Day: The Truth About Your Laundry
Are you loving the laundry season and celebrating that sweet smell of sun-dried clothes?
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Michael Hudson's New Book: Wall Street Parasites Have Devoured Their Hosts - Your Retirement Plan and the U.S. Economy
Original at Wall Street on Parade
by Pam Martens, Washington's Blog
The riveting writer, Michael Hudson, has read our collective minds and the simmering anger in our hearts. Millions of American have long suspected that their inability to get financially ahead is an intentional construct of Wall Street's central planners.
Zhi: A Critique of Modern Money Theory and the Disequilibrium Dynamics of Banking and Government Fin
Investing Daily Article of the Week
by Richard Stavros
In the wake of the most severe market correction since 2011, we believe the best deals for income-producing stocks can be found among U.S. companies.
02Sep2015 Pre-Market Commentary: Pre-Market Up, Oil Down But Trading Sideways, Markets Expected To P
The consolidated economic report from the 12 Federal Reserve Districts (Beige Book) said that "economic activity continued expanding across most regions and sectors during the reporting period from July to mid-August". The previous report said "economic activity expanded from mid-May through June". It is hard to tell if overall growth rate went up or down - and the usefullness of the Beige Book is diminished when the Fed does not "guess" whether there was a change in the rate of growth.