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Although the American economic system has undergone significant change since colonial times, there are identifiable threads running through the centuries-long narrative. Chief among these are the themes of "liquidity" and state action – both of which can either be a blessing or a curse.
Friday, 30 July 2021, 2:15 pm A consumer group and a human rights group joined forces today to file a complaint with the Organization for Economic Cooperation and Development (OECD) detailing consumer and human rights harms committed by Afilias Ltd, the manager of popular cryptocurrency and tech domain .IO. The filing marks the first time OECD jurisdiction has been invoked in a digital dispute involving cryptocurrency. British Indian Ocean Territory is best known for the secretive US naval base on Diego Garcia Island and the top level domain .IO which is popular with crypto asset platforms, ...
Governors' Wind Energy Coalition As EVs rise, automakers see money in charging Source: By David Ferris, E&E News • Posted: Thursday, July 22, 2021 Automakers say they expect electric vehicle charging to be a money-making service, especially among fleets. Some of the city of Pittsburgh’s fleet of EVs are parked under solar charging panels in this April 18, 2018, photo. Keith Srakocic/AP Photo Companies and governments want to electrify their fleets of vehicles, but they “ have no idea how difficult it’s going to be,” said Chris Nelder. From a city’s parking lo...
by Michael Taube Print this article Capitalism, based on free markets, competition, and private ownership, is the prevailing economic system of Western democracies and has been for quite some time, despite powerful challenges from state socialism for much of the 20th century. As Sir Winston Churchill told the U.K. House of Commons on Oct. 22, 1945, “The inherent vice of capitalism is the unequal sharing of blessings. The inherent virtue of socialism is the equal sharing of miseries.” Ages of American Capitalism: A History of the United States, by Jonathan Levy. Random House,...
Published: July 1st, 2021 The University of Chicago professor and author of the new book 'Ages of American Capitalism' discusses the influence of the 2008 financial crisis on his work, the role of the factory in the American imagination, Herman Melville's insight into American economic life and his love for Houston. Jonathan Levy started his academic career in the wake of the financial crisis of 2008, which lent “an urgency to my teaching to make sense of that crisis and fit it within a larger historical narrative,” he said on this week’s Drinks With The Deal podcast. The same perspecti...