News as Conversation: Blogosphere vs. Traditional Press Outlets

Just as record numbers of aimless liberal arts majors are getting duped into applying to expensive journalism schools..

News as Conversation: Blogosphere vs. Traditional Press Outlets

Recessions Lower Infant Mortality Rates: An Incomplete Picture

Can the recession save children’s lives? According to economist Michael Greenstone, a decrease in global production..

Recessions Lower Infant Mortality Rates: An Incomplete Picture

Automotive Overcapcity and Exaggerated Demand

“The party is over,” says Peter Schiff, president of Euro Pacific Capita, who warned publicly in 2006 of the sub-prime..

Automotive Overcapcity and Exaggerated Demand

AIG’s Biggest Crime: Civilian Contractors Denied Medical Coverage

Tens of thousands of civilian contractors have aided U.S. war efforts in Iraq and Afghanistan. Civilian contractors..

AIG's Biggest Crime: Civilian Contractors Denied Medical Coverage

An Uncertain Future for Fashion’s Couturiers

In the closeted world of satin and sequins that is Parisian haute couture, there is uncertainty about the future. Even Christian..

An Uncertain Future for Fashion's Couturiers

Global Insurance Scams Finance the North Korean Government

Writing for the Washington Post Foreign Service, Blaine Harden reports that for Kim Jong Il’s birthday, North Korean..

Global Insurance Scams Finance the North Korean Government
News as Conversation: Blogosphere vs. Traditional Press Outlets

News as Conversation: Blogosphere vs. Traditional Press Outlets

Just as record numbers of aimless liberal arts majors are getting duped into applying to expensive journalism schools (a year at Columbia will put you back a cool 60k, which is about 60k more than the average j-school graduate’s salary these days), the world of journalism is crumbling. This is not news to anyone, [...]

Does Offshore Banking Get a Bum Rap?

Does Offshore Banking Get a Bum Rap?

In the last year politicians have increasingly pushed for legislation that would limit off-shore banking. Even UK Prime Minister, Gordon Brown, among others has called for curbs on tax havens despite the fact that a great number of the countries that offer such tax incentives, including the Channel Islands, are British dependencies.  Their rhetoric is [...]

Recessions Lower Infant Mortality Rates: An Incomplete Picture

Recessions Lower Infant Mortality Rates: An Incomplete Picture

Can the recession save children’s lives? According to economist Michael Greenstone, a decrease in global production due to the current crisis has spared the lives of “…between 257 and 451 British, between 1.104 and 1,933 American, and probably between 58,088 and 101,655 Chinese babies” through the reduction of global emissions (Economist June 2009 issue).  He [...]

Automotive Overcapcity and Exaggerated Demand

Automotive Overcapcity and Exaggerated Demand

“The party is over,” says Peter Schiff, president of Euro Pacific Capita, who warned publicly in 2006 of the sub-prime housing crisis. “We bought too many cars, and now we’re broke.” Writing for Reuters journalist Nick Carey argues that the consequences of the automakers failures are likely to last for years. Already, the crisis has [...]

AIG's Biggest Crime: Civilian Contractors Denied Medical Coverage

AIG’s Biggest Crime: Civilian Contractors Denied Medical Coverage

Tens of thousands of civilian contractors have aided U.S. war efforts in Iraq and Afghanistan. Civilian contractors perform such indispensable tasks as “delivering fuel to frontline troops, guarding U.S. diplomats and translating for soldiers during dangerous raids.” In the process, many of these contractors have suffered devastating and physical and psychological injuries. However, ProPublica reports [...]

Credit Card Companies Play Fast and Loose with Your Information

Credit Card Companies Play Fast and Loose with Your Information

An investigation authored by the Associated Press has concluded that your personal information is vulnerable and unprotected every time you swipe your credit-card and wait for approval.
Sensitive, financial data, including your name and account number are “ferried” to hacker’s computers while the transactions travels from store to bank on the information superhighway, according to [...]

Blockbuster Nightmare Wherein No One Goes to the Movies Ever Again

Blockbuster Nightmare Wherein No One Goes to the Movies Ever Again

Economic ‘Green Shoots’ in the spring kept moviegoers at the Box office for that old timey recession solution, escapism. But now that Oscar season is in full swing, and the FICRY reality has set-in, movie patrons may be opting for cheaper entertainment, like sitting around their computers.
During the summer season, the bread and butter for [...]

An Uncertain Future for Fashion's Couturiers

An Uncertain Future for Fashion’s Couturiers

In the closeted world of satin and sequins that is Parisian haute couture, there is uncertainty about the future. Even Christian Lacroix, the incarnation of frivolity and joie de vivre in high fashion, showed his final collection, but only thanks to the benevolence of embroiderers, feather suppliers and shoe makers working for free.
The house that [...]

Global Insurance Scams Finance the North Korean Government

Global Insurance Scams Finance the North Korean Government

Writing for the Washington Post Foreign Service, Blaine Harden reports that for Kim Jong Il’s birthday, North Korean insurance managers delivered “$20 million in cash into two heavy-duty bags and sent them, via Beijing.” The cash was given to Korean insurance managers by their international counterparts. The money is reimbursements for fraudulent claims.
This incident highlights [...]

A Normalization of Demand Could Be Devastating

A Normalization of Demand Could Be Devastating

Production drove the boom. Now that it’s Bust will workers demand their fair share? Reporting from China, Caijin Online correspondent Andy Xie, claims that the financial sector overestimated its worth by more than 100%, and that in light of this realization, the global financial sector will shrink to half its size. This will cause a [...]