Early Headlines: Obama Greenhouse Gas Initiative, Money Corruption of Politics, Beijing Winter Olympics, China PMI at 2 Year Low and More

August 3rd, 2015
in News, econ_news, syndication

Early Bird Headlines 03 August 2015

Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.


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New Approach to Dealing with Climate Change?

August 3rd, 2015
in News, econ_news, syndication

Written by

With the big play from the White House tonight about an aggressive new program to combat climate change, it seems that the climate science community is taking a broader view of how to react to reduce global warming.  Two new book length reports earlier this year reviewed existing data in a way that has not been done previously.  These have not been widely noted and should be.  The two reports:

  • Carbon Dioxide Removal and Reliable Sequestration
  • Reflecting Sunlight to Cool Earth


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El Pais Interviews Yanis Varoufakis

August 3rd, 2015
in News, econ_news, syndication

Econintersect:  Former Greece finance minister Yanis Varoufakis was interviewed last week by the Madrid newspaper El Pais.  Claudi Perez conducted the interview.  The article ran Sunday 02 August.  While the article was published in Spanish, a full english transcript has been provided by Mr. Varoufakis.  See later.

Click for full size picture at El Pais.

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Documentary of the Week: Historical Evolution of Money and Debt

August 2nd, 2015
in econ_news

Modern Money and Public Purpose

Econintersect: In a program 'Modern Money and Public Purpose', an interdisciplinary seminar series held at Columbia Law School over the 2012-2013 academic year, the first program, moderated by history professor William V. Harris, featured two who have contributed to GEI, L. Randall Wray and Michael Hudson.  The series aims to present new perspectives and progressive policy proposals on a range of contemporary issues facing the U.S. and global macroeconomy. This first program discusses how current fiat monetary systems operate and how this has derived from what is known about money and credit (debt) from archaeological records.


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Here's Why Scientists haven't Invented an Impossible Space Engine – Despite What You may have Read

August 2nd, 2015
in econ_news

by Steven Thomson, The Conversation

What if I told you that recent experiments have revealed a revolutionary new method of propulsion that threatens to overthrow the laws of physics as we know them? That its inventor claims it could allow us to travel to the Moon in four hours without the use of fuel? What if I then told you we cannot explain exactly how it works and, in fact, there are some very good reasons why it shouldn’t work at all? I wouldn’t blame you for being sceptical.

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