Category: Economics
World Bank renews drive against inequality
Report says faster growth and more anti-inequality measures would be needed to meet goal of eliminating extreme poverty and boosting pay. The World Bank has called for a fresh drive to tackle inequality after warning that the gap between rich and poor risks thwarting its ambition of eliminating extreme poverty by 2030. Ahead of its […]
The economics of a 10 an hour living wage – BBC News
Image copyright PA John McDonnell promised he would reveal a new “interventionist” underpinning to Labour’s economic policy. And the shadow chancellor did not disappoint. New rules on takeovers to guarantee pay and pension payments, a doubling in size of the co-operative sector by giving workers rights to own businesses at the point of change of […]
Ig Nobel prizes: trousers for rats and the truthfulness of liars
Nobel winning scientists gather for 26th straight year to award the most absurd, strange and curious research of the year Investigations into rats wearing pants, the personalities of rocks and the truthfulness of 1,000 liars won Ig Nobel prizes on Thursday night at Harvard, where Nobel-winning scientists gathered to honor the strangest research of the […]
Who said it: tech CEO or communist leader? Take our quiz
This week Mark Zuckerberg announced plans to advance human potential and promote equality. But hes not the only tech billionaire in a Che Guevara shirt. Capitalism is catechism in Silicon Valley. The civic religion is entrepreneurism and evangelism is a marketing tool. But for an industry that worships at the altars of the marketplace, the […]
A year after the crisis was declared over, Greece is still spiralling down
The historic third bailout awarded to Athens after weeks of brinkmanship last year was supposed to have secured its future in the EU. But little has changed In a side street in the heart of Athens, two siblings are hard at work. For the past year they have run their hairdressing business an enterprise that […]