Subjects Archives: Economic Crisis

Let’s debunk a myth. There is no “Nobel Prize in Economics”. On Nov 27, 1895, when Alfred Nobel signed his will, he left five prizes in alphabetical order to: chemistry, literature, peace, physics, and physiology or medicine. The Nobel Prize in Economics is declared after the Panchapandavas above.

The very day, December 11, when the Indian finance ministry spuriously claimed a robust recovery in the post-pandemic Indian economy, newspapers carried news of an acceleration in the U.S. inflation rate.

Pretty much everyone accepts that inequality is a big problem in the U.S. But it is doubtful that most people truly grasp how successfully U.S. elites have captured the benefits of economic growth and, as a result, how much the resulting inequality has cost them.

Farmers of color received less than one percent of the payments even though they are five percent of all U.S. farmers.

A discussion with John Bellamy Foster, one of the world’s leading figures in Marxian ecological theory.

Whatever might be terrorism’s deep origins, whatever the economic and political factors involved in it, and whoever might be most responsible for bringing it into the world, no one can deny that terrorism is today a dangerous and ethically indefensible phenomenon, which must be eradicated.