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How Central Banks Harness Governments

How Central Banks Harness Governments
The ECB’s Noose Around Greece. Remember when the infamous Goldman Sachs delivered a thinly-veiled threat to the Greek Parliament in December, warning them to elect a pro-austerity prime minister or risk having central bank liquidity cut off to their banks? (See January 6th post here.) It seems the European Central Bank (headed by Mario Draghi, former managing director of Goldman Sachs International) has now made good on the threat. By ... Read more

Research: No Positive Economic Impact From Sports Franchises

Research: No Positive Economic Impact From Sports Franchises
R.I. GOP official Steven Frias says research finds no economic benefit from having sports franchise. By Eugene Emery, Jr. in Politifact.com Debate has begun over a proposal by the new owners of the Pawtucket Red Sox to move the team to Providence, where they want to build a new riverfront stadium. The project is still in the planning phase, but the owners have said they intend to ask for some financial support from the state and the city, ... Read more

These Neighbors Got Together to Buy Vacant Buildings.

These Neighbors Got Together to Buy Vacant Buildings.
Now They’re Renting to Bakers and Brewers Though the model is new and small, it holds outsize potential for the many neighborhoods whose downtowns are controlled by faraway landlords or retail chains. By Olivia LaVecchia in Yes! Magazine This article was produced by the Institute for Local Self-Reliance, as part of its Community-Scaled Economy Initiative, which produces research and partners with a range of allies to implement public ... Read more

National Bank of Abu Dhabi: Even at $10 per barrel, oil can’t match solar on cost

National Bank of Abu Dhabi: Even at $10 per barrel, oil can’t match solar on cost
Game-over Some people might think that the recent drop in oil price is bad for the solar industry, that it’ll slow down investment and reduce demand for clean energy. There might be some truth to that in the short-term, but the long-term trend is clear: Solar is going to take over the world. By Michael Graham Richard in TreeHugger.com Why? Because of this: And this: [The chart above] shows the price of various energy sources since the ... Read more

The Greek Debt Interim Agreement: Necessary Step or Sell-Out?

The Greek Debt Interim Agreement: Necessary Step or Sell-Out?
Syriza’s severe critics should assess the situation as it is, using their heads, instead of just passionately declaring all is lost because they didn’t get everything they wanted immediately and overnight on February 28th. By Jack Rasmus in TeleSur [Above photo: Protesters hold a giant Greek national flag during an anti-austerity and pro-government demonstration in front of the parliament in Athens February 15, 2015. | Photo: Reuters] Last ... Read more

Scaling Up the Cooperative Movement

Scaling Up the Cooperative Movement
How can we scale up the cooperative movement without losing our cooperative values?  That is the question contributors seek to answer in this collection of essays.  Contributors include Hilary Abell, Michael Johnson, Joe Guinan and Caitlin Quigley, along with contributing editors Thomas Hanna, Andrew McLeod and Len Krimerman. We are offering this eBook free of charge.  We hope that you will make a donation to help GEO continue its mission of ... Read more

The Promise of “Open Co-operativism”

The Promise of “Open Co-operativism”
Is it possible to imagine a new sort of synthesis or synergy between the emerging peer production and commons movement on the one hand, and growing, innovative elements of the co-operative and solidarity economy movements on the other?  By David Bollier in Bollier.org That was the animating question behind a two-day workshop, “Toward an Open Co-operativism,” held in August 2014 and now chronicled in a new report by UK co-operative expert Pat ... Read more

How Public Banking is Winning the West

How Public Banking is Winning the West
You’ll read a lot about activism in this story, but most of it won’t sound terribly sexy or radical. There will be no black masks, no broken barricades or cops bashing skulls. Instead, what you’ll read about is hard work, lots of research about banks and economics and feasibility studies and cost-benefit analysis. There will be meetings, more meetings, and then more meetings. With people in suits even. By Matt Stannard in The Indypendent ... Read more

The Economics of Happiness Conference

The Economics of Happiness Conference
February 27 to March 1, 2015 Portland, OR. ore than 20 speakers from around the world will be covering a range of interconnected topics – local food, technology, healthcare, local business, indigenous rights, environmental justice and much, much more. Read more

‘The Prospects and Consequences of a Possible Syriza Government’

‘The Prospects and Consequences of a Possible Syriza Government’
There are such things as pariahs in politics.  It’s not unreasonable to draw distinctions between the mainstream and the fringe, and make it difficult to cross that barrier to become a mainstream political force. Which means, when you have a movement that achieves that, that is something to be taken seriously.  It’s not a freak phenomenon, it’s not something which is achieved easily.  It’s a process of years.  And ... Read more