Towers of Mammon

By Tigerulze | The monetization of everything

IAN MCAULEY. The Trans-Pacific Partnership isn’t about trade liberalisation: it’s about corporate protection

<i>It’s in Australia’s interests to remain open to the world on immigration and trade, and to cooperate on climate change and labour standards, but when</i> …

Economics

Raise your hands

There was a bit of an awkward moment on Tuesday when, during the Wall Street Journal’s interview with Gary Cohn, Director of the National Economic …

Gary Cohn

From cranes on the Sydney skyline circa 1973 to an energy-aware production model

I gave this talk to YSI members attending the 17th UNCTAD debt conference, at which I was one of the speakers (along with Jan Kregel: the speeches …

Design

Three Richest Americans Now Own More Wealth Than Bottom Half of US Combined: Report

In the United States, the 400 richest individuals own as much wealth as the bottom 64 percent of the population and the three richest individuals own …

Equality

Paradise Papers: media ignores the real tax culprits

High in their opulent CBD eyries, the architects of global tax avoidance must be indulging in a quiet chuckle, a nervous chuckle perhaps, because the …

Keith Urban

Wouldn’t it be great if America had a fiat-money system?

The sovereign U.S. government declares that every citizen and business must, on a regular and recurring basis, pay taxes to the government (or incur …

Money

Posted: 7 November 2017 in Uncategorized Tags: conspicuous consumption, Europe, inequality, philanthropy, productivity, Scandinavia, tax evasion, tax havens, United States, wealth

The release of the so-called Paradise Papers confirms, with additional names and more salacious details, what we already knew from the Panama Papers …

Equality

Unrolled Twitter story from @ericgarland (13 tweets)

Thread Reader is happy to present<br>an unrolled Twitter story with 13 tweets<p>Embed this page on your website<p>×<p>Close<p><THREAD><p>Let's talk about this weeks …

Mike Flynn

EU denounces 'shocking' Paradise Papers revelations

EU finance ministers meeting for regular talks in Brussels are due to discuss the practice on Tuesday after a trove of leaked documents exposed the …

Panama Papers

Queen, James Packer caught up in Paradise Papers leak

Queen Elizabeth II and James Packer are among dozens of the world’s richest people to have their tax minimisation details revealed in a massive leak …

James Packer

NAB rebounds with $5.3b profit, announces 6,000 job losses

NAB has flagged the loss of 6,000 jobs as the impact of new technology and digital transactions cuts a swathe through traditional banking jobs.<p>The …

Markets

How the actual magic money tree works

85% of MPs were unaware that new money is created every time a bank extends a loan. Were you?<p>Shock data shows that most MPs do not know how money is created. Responding to a survey commissioned by Positive Money just before the June election, 85% were unaware that new money was created every time a …

Money