Socio-economic

Americans’ out-of-pocket healthcare costs are skyrocketing

For the majority of Americans who receive health insurance through their employers, there is some good news and some bad news.

The Kaiser Family Foundation, a nonpartisan think tank addressing health policy issues, released its annual Employer Health Benefits Survey on Wednesday and looked at the cost of insurance for Americans.

Based on the data Kaiser gathered, it appears that the hit directly to American’s wallets is increasing dramatically, but the growth in their monthly payments is slowing down.

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Report: why we need to tax corporations now, more than ever

Last year we published a document entitled Ten Reasons to Defend the Corporate Income Tax, outlining how the tax is under constant attack, in country after country, and explaining why it is one of the most precious of all taxes. Now there’s another fascinating paper, rich in insight and detail, from US economist Kimberly Clausing, entitled “Strengthening the Indispensible U.S. Corporate Tax.

While US-focused, it contains a lot of material that provides extensive further support for ...

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We think better in green buildings, Harvard study shows

study by the Center for Health and the Global Environment at Harvard University has shown that green buildings have a positive link to higher cognitive function for workers.

The report notes that we “spend about 90% of our time indoors, and buildings have a unique ability to positively or negatively influence our health”.

Twenty-four professionals such as architects, designers and engineers took part in a six day longitudinal study of cognitive performance and building conditions in Syracuse, New York.

Participants were ...

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Helena Norberg-Hodge – LOCAL ECONOMIES: TIPPING THE SCALE

Wherever something is wrong, something is too big.” ― Leopold Kohr

Most of us reject generalisations. We recognise that the real world is complex, messy and full of contradictions. We’re understandably sceptical of one-size-fits-all solutions, and wary of people who stand on a soapbox saying, “I have the answer!” For these reasons I have found myself in a rather difficult situation as I have travelled the world promoting a simple formula to solve most of the crises humanity faces.

For 40 years, ...

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Peter Van Buren – Commentary: For $178 million, the U.S. could pay for one fighter plane – or 3,358 years of college

Does free college threaten our all-volunteer military? That is what Benjamin Luxenberg, on the military blog War on the Rocks says. But the real question goes beyond Luxenberg’s practical query, striking deep into who we are and what we will be as a nation.

Unlike nearly every other developed country, which offer free or low cost higher education (Germany, Sweden and others are completely free; Korea’s flagship Seoul National University runs about $12,000 a year, ...

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Michael Hudson – Celebrating the One Percent – Is Inequality Really Good for the Economy?

To paraphrase Mark Twain, everyone complains about inequality, but nobody does anything about it.

What they do is to use “inequality” as a takeoff point to project their own views on how to make society more prosperous and at the same time more equal. These views largely depend on whether they view the One Percent as innovative, smart and creative, making wealth by helping the rest of society – or whether, as the great classical economists wrote, the wealthiest layer of ...

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Sarah Lazare – Americans Are Drowning in Credit Card Debt, and It’s Not Because They Are ‘Irresponsible’

Amid soaring inequality [3] and stagnant wages [4], consumers in the United States collectively accumulated a stunning $34.4 billion in credit card debt during the second quarter of 2016 alone, according to a new report [5] from the personal finance website WalletHub.

This high number represents the greatest second-quarter accumulation since at least 1986, when such data was first recorded, and positions U.S. consumers to surpass “$1 trillion in outstanding balances for the first time by the end of 2016,” ...

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Peter Koenig – ECONOMY OF PEACE WITH AN ALTERNATIVE MONETARY SYSTEM IS IN REACH

Globalisation is the demise of humanity. That being said, if we want peace, solidarity, harmonious cohabitation, justice and equality – we have to defeat globalisation. And to be able to defeat it, countries which strive to take back autonomy and sovereignty may want to move away from the oppressive fist of the west.

BREXIT offers Europe and the world a formidable opportunity to break loose from the rigged, dollar-based fiat monetary system. BREXIT opens the door for other European Union (EU) ...

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China Challenges US Dollar Hegemony, Seeks New Global Financial Order

During the first Annual Summit organized by the Asian Infrastructure Investment Bank (AIIB) in Beijing, China has shown her intention to take over the global leadership in infrastructure investment. By the end of this year, AIIB would have more than 100 members, making it the first lending institution in multilateral loans in history, under the control of the most important emerging countries. Yet, it is expected that she makes the decision of dropping off the Dollar, as it is the ...

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Michael Snyder – The Percentage Of Working Age Men That Do Not Have A Job Is Similar To The Great Depression

Why are so many men in their prime working years unemployed?  The Obama administration would have us believe that unemployment is low in this country, but that is not true at all.  In fact, one author quoted by NPR says that “it’s kind of worse than it was in the depression in 1940″.  Most Americans don’t realize this, but more men from ages 25 to 54 are “inactive” right now than was the case during the ...

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