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Paul Krugman: Empire Not At RiskWith the headline “How Great Powers Fail” on this week’s cover of Newsweek, Harvard economist Niall Ferguson writes in an article titled “An Empire at Risk” that the massive growth in federal debt could lead to a, “major weakening of American power.” In the piece Ferguson challenges Nobel ...
Giorgio Bertini
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4 weeks ago
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Niall Ferguson: An Empire at RiskAn Empire at Risk We won the cold war and weathered 9/11. But now economic weakness is endangering our global power. Call it the fractal geometry of fiscal crisis. If you fly across the Atlantic on a clear day, you can look down and see the same phenomenon but on four entirely different ...
Giorgio Bertini
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4 weeks ago
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Civil War In Corporate America: Banks Battling The Chamber On Accounting RulesRyan Grim Civil War In Corporate America: Banks Battling The Chamber On Accounting Rules What's Your Reaction? Amid the ongoing financial regulation overhaul, the banking industry is hoping to pull off a quiet power grab that has eluded its grasp since the Great Depression, by stripping ...
Giorgio Bertini
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6 weeks ago
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1% now owns 40% - OpEdNewsBy Julian Edney ( about the author ) Page 1 of 3 page(s) For OpEdNews: Julian Edney - Writer America has been growing more unequal since the1790s [1]. The growth has been uneven: at some times in history the middle class grew and incomes became more similar, but then the trend resumed and ...
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6 weeks ago
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I'm doing 'God's work'. Meet Mr Goldman SachsNumber 85 Broad Street, a dull, rust-coloured office block in lower Manhattan, doesn’t look like a place to stop and stare, and that’s just the way the people who work there like it. The men and women who arrive in the watery dawn sunshine, dressed in Wall Street black, clutching black ...
Giorgio Bertini
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6 weeks ago
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Reluctant Partners: Global Crisis Makes US More Dependent on China than EverWhen US President Barack Obama visits China this weekend, he will encounter a rival that sees the financial crisis as more of an opportunity than a threat. America, on the other hand, has been fundamentally weakened by the global crunch -- and is more dependent on the goodwill of the rising ...
Giorgio Bertini
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7 weeks ago
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Running Out of OptionsIn yesterday's post, "Declining Empire, Banana Republic, or Failed State?" the commentators I quoted cited America's profligate ways and growing dependence on borrowed money, especially from lenders based overseas, as one reason for pessimism about our current and future standing. In "Our ...
Giorgio Bertini
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2 months ago
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Asian Innovation: China, India and KoreaThe rise of China and India will remake the innovation landscape. US and European pre-eminence in science-based innovation can no longer be taken for granted. Nor can the knowledge jobs that have depended upon it. Global supply chains have transformed how we make products. Our savings depend ...
Giorgio Bertini
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2 months ago
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Linking Colleges to Communities - Engaging the University for Community DevelopmentOver the past few decades many faculty, students, and administrators have struggled to create space to utilize these resources and break down the isolation to which universities have too often succumbed. There are scores of outstanding examples of campuses that have begun to harness their ...
Giorgio Bertini
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Community-Wealth.org: Wealth-Building Strategies for America's CommunitiesOur goal is to provide you with the web's most comprehensive and up-to-date information resource on state-of-the-art strategies for democratic, community-based economic development. The resources offered here include directories, breaking news, publications, and conference information, as well ...
Giorgio Bertini
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