By David Spencer, University of Leeds | May 31, 2022 There has been a huge amount of concern about rising inflation in recent months, and it’s made worse by the fact that wage inflation has not been keeping up. A few workers in high-paid jobs have enjoyed higher bonuses and inflation-busting pay rises – it has… Read More »
Sales of handguns have exploded in recent years. AP Photo/Sue Ogrocki By Michael Siegel, Tufts University | May 26, 2022 Americans have blamed many culprits, from mental illness to inadequate security, for the tragic mass shootings that are occurring with increasing frequency in schools, offices and theaters across the U.S. The latest, which occurred on… Read More »
McDonald’s is leaving Russia after three decades of operating there. Sefa Karacan/Anadolu Agency via Getty Images By Stephen Bagwell, U. of Missouri-St. Louis and Meridith LaVelle, U. of Georgia | May 25, 2022 McDonald’s provided many Russians with their first taste of capitalism three decades ago. Now, the global fast-food giant is exiting the country.… Read More »
By Sarah Schiffling, Liverpool John Moores U. & Nikolaos Valantasis Kanellos, Technological U. Dublin | May 24, 2022 Shanghai is slowly emerging from a gruelling COVID lockdown that has all but immobilised the city since March. Although Shanghai’s port, which handles one-fifth of China’s shipping volumes, has been operating throughout, it has been running at severely reduced… Read More »
By Kontrast.at |May 21, 2022 After success stories from Iceland and news about the large-scale field trial in Great Britain, a pilot project on the 4-day week is now starting in the USA. 38 companies are testing the 4-day week while the results are being scientifically analysed. Last year, some companies already tested the effects of… Read More »
Biden invoked the Defense Production Act to help end the shortage of baby formula. AP Photo/David J. Phillip By Erik Gordon, U. of Michigan | May 20, 2022 U.S. President Joe Biden on May 18, 2022, announced he is invoking the Defense Production Act to help end the shortage of baby formula stressing out parents… Read More »
By Ingo Geiger | April 19, 2022 EU Commission proposes directive to implement OECD agreement on global tax justice. Multinational corporations such as Amazon, Facebook, and Apple are to pay a minimum tax of 15 % in the future. A tax shifting scheme is also to be adopted, obliging corporations to pay taxes where they generate… Read More »
By Richard Brody | December 28, 2021 Since, we don’t have a crystal ball, it is impossible to predict, accurately, the future! This is especially true, when, it comes to economic issues, including investment, real estate, interest rates, inflationary pressures, government actions, international factors, etc. What are the ramifications of inflation, recession, interest rates, Federal Reserve Bank decisions,… Read More »
Alexander Tziamalis, & Konstantinos Lagos | May 18, 2020 It is common to hear people say that the epoch of enormous economic progress which characterised the last century is over. That a decline in prosperity is more likely than an improvement in the decade which lies ahead of us. The famous economist John Maynard Keynes… Read More »
By Michel A. Bell | May 20, 2020 Layoffs are not a long-term answer for firms when they face tough times. Nine-eleven and the Great Recession tested firms with no-layoff policies. Southwest Airlines, Marriott, FedEx, Honeywell, Toyota, to name a few, passed the test. I should add that I am talking about permanent employees in… Read More »