Sixteen Facts About Growing US Income IN-equality


27 May 2010. By David Caploe PhD, Chief Political Economist, EconomyWatch.com

Quite aside from the human and social justice aspects, income equality is a crucial factor in creating and continuing sustained economic growth.

The fact that – as income inequality BETWEEN nations decreases, something we think is a good thing –

income inequality WITHIN nations, in general, and among those both “old” – US / UK / Germany / Japan –

Bank Bailouts No Bargain for US Taxpayer


How much will the bank bailout cost US taxpayers ???

The answers have as much to do with politics as economics – which, of course, is no surprise to readers of this site … 😉 …

How much will the bank bailout cost US taxpayers ???

The answers have as much to do with politics as economics – which, of course, is no surprise to readers of this site … 😉 …

Higher US Interest Rates Soon To Hit Housing / Credit Cards / Cars


Consumers are about to face a new financial burden: a sustained period of rising interest rates …

The shift is sure to come as a shock to consumers whose spending habits were shaped by a historic 30-year decline in the cost of borrowing …

Consumers are about to face a new financial burden: a sustained period of rising interest rates …

Soros Commits $5 Million for “Innovative” Oxford Economics Institute


George Soros is to create a new economics institute at Oxford University.

It is part of an attempt to steer the discipline away from the champions of the free market and deregulation who, the billionaire financier believes, share the blame for the global economic crisis

George Soros is to create a new economics institute at Oxford University.