In her new book “The Color of Money,” UCI law professor Mehrsa Baradaran says that if history is any guide, Black capital and Black banks alone will not be enough to end Black poverty. True equity will require a fundamental reworking of the U.S. banking system.
Dr. Melanie Rieback has bucked American business as usual by creating a profitable nonprofit business—a mutually beneficial investment that may not be so linear or individualistic and male as past business models have often been described.
“We are seeing a huge wealth transfer in the CARES Act, giving benefit to private corporations, and the taxpayers will pay for it.”
While the economy collapses around us, Diamond asks: Why does a growth-pressured economy fall apart so quickly?
A financial system funded by the public for the public good, could create money as a utility for all of us on Main Street, instead of what we have now—The Fed, a profit center for the richest few on Wall Street.
Wall Street is going nuts: Coronavirus has unglued the global economy’s lines of supply, threatening corporate bottom lines. Then, Russia picked the perfect time to fight over oil production with OPEC. It is time to rethink fossil fuel loyalties and the wars it provokes wherever our beautiful earth is drilled, injected and fractured.
U.S. CAT Policy won’t regulate the surprising number of kitty videos we so love on YouTube and Facebook—nor will it urge you to get your pet spayed. But you should worry.
When the first ever female president of the Economic Policy Institute, Thea Lee, appeared on Samantha Bee’s Full Frontal, she proved that economists can be fully human and funny—and encouraging a whole flank of female economists, notably rare in this still whitest, mostly male and unfunniest realm.
“No one has it all figured out yet,” says La’Wana Harris about the word “diversity,” to which she’s devoted her career. “Some talk about diversity as inclusion, or diversity as equity, but I like to think diversity is also about belonging. Belonging is a big one.”
In Vermont, some capital is in women’s hands. Their numbers are smaller, but they are venturing into new territory with a wider purpose than fat cat profits.
Seventy-five years ago, Franklin Delano Roosevelt gathered monetary thinkers of the Allied forces—all-male, of course—to a secret meeting in Bretton Woods, New Hampshire. When Silicon Valley’s Galia Benartzi organized a Global Economic Visioning Summit to mark the anniversary, she made sure half its speakers were women.