Lucius Fox

Chief Executive Officer of Wayne Enterprises

theeconomist:

Daily chart: internet economies. Britain’s internet economy is now bigger than its construction and education sectors. But Europe as a whole punches below its weight, mainly because its internet economy is held back by a lack of a single digital market.

Posted at 9:46am and tagged with: Internet, Economy, Economics, Global Economy, Chart, Data,.

theeconomist:

Daily chart: internet economies. Britain’s internet economy is now bigger than its construction and education sectors. But Europe as a whole punches below its weight, mainly because its internet economy is held back by a lack of a single digital market.

These days, Frank Quattrone, the famous dot-com banker, tends to focus more on mergers and acquisitions than IPOs. But he made an appearance earlier this week to give a lecture about historic tech IPOs aimed at entrepreneurs looking to take their companies public.

Posted at 2:37pm and tagged with: Initial Public Offering, IPO, Economics, Business, Finance, Stock Markets, Frank Quattrone,.

Executives are much more optimistic about the global economy than they were in December, despite their concerns about the eurozone and rising oil prices.

Posted at 4:08pm and tagged with: Economy, Economics, Business, Global Economy, Economic Studies, Productivity and Performance,.

Each month, Richard D. Wolff presents an an analysis of some particular economic topics and then opens the floor to questions, comments and a general discussion. This course takes place at the Brecht Forum in New York. Each month, we aim to develop participants’ understanding of and ability to explain to others the key economic developments of our time. The updates focus on the evolving global capitalist economic crisis and its consequences. Professor Wolff examines topics such as: the social costs effects of the historic long-term US unemployment; national debt crises and “austerity programs” in Greece, Ireland, Spain, and beyond; changes in today’s Chinese economy and their global effects; tax reform and the entire tax issue in the US today; continuing crisis in the US housing and credit markets; the economics of immigration.

Posted at 2:37pm and tagged with: Richard D. Wolff, Brecht Forum, Unemployment, Economy, Economics, Immigration, Housing, Credit, United States, US, Tax Reform,.

After 30 years of greed being good and rising tides lifting all boats, inequality — or “class warfare,” if you prefer — is back on the political agenda.

The Occupiers who camped out in central squares from Melbourne to Oakland, denouncing the “1 percent” for its supposedly ill-gotten gains, have a point: Inequality is out of control. But these mainly middle-class complainers are an incredibly coddled bunch by any international reckoning. This is good news, because we’re going to need to tax them more if we’re ever going to solve the world’s real inequality problem: the estimated 900 million people who live on less than $1.25 a day.

(Source: hbr.org)

Posted at 10:54am and tagged with: Occupy Wall Street, Statistics, Economy, Economics, United States, US, Developed Countries, Global Economy, Occupiers, Middle Class, Equality,.


After 30 years of greed being good and rising tides lifting all boats, inequality — or “class warfare,” if you prefer — is back on the political agenda.
The Occupiers who camped out in central squares from Melbourne to Oakland, denouncing the “1 percent” for its supposedly ill-gotten gains, have a point: Inequality is out of control. But these mainly middle-class complainers are an incredibly coddled bunch by any international reckoning. This is good news, because we’re going to need to tax them more if we’re ever going to solve the world’s real inequality problem: the estimated 900 million people who live on less than $1.25 a day.

ADAM OZIMEK responds to David Pogue’s most recent post at the New York Timeson working conditions at Foxconn’s iPhone factories, in which he notes several things. First, Apple has hired the Fair Labor Association to investigate Foxconn’s factories. Second, Foxconn has raised wages. Third, an ABC documentary team visited Foxconn’s factories and found mostly a lot of perfectly natural boredom, rather than dangerous working conditions per se. (Foxconn was aware of the visit in advance, and obviously would have ensured everything was scrubbed for the camera and that only compliant workers were around.) And finally, there’s tons of evidence that the Chinese workers are very happy to have Foxconn jobs. They’re better-paid than life in the village, they’re often viewed as starter jobs for young people who are planning to move on to something more substantial later on, and, as one letter writer notes, working at Foxconn was a lot better for his aunt than her prior job as a village prostitute.

Posted at 4:39pm and tagged with: China, Foxconn, Labor, Labor Laws, Apple, Human Rights, Corporate Governance, Asia, Globalization, Economics,.

Many of the countries that have contributed the least to greenhouse gas emissions will be the worst affected by global warming, a “climate injustice” that highlights the link to human rights, experts told a gathering in Geneva.

“As we take steps to address climate change, we must not do so at the cost of the most vulnerable and discriminated [against] members of the world’s communities,” UN High Commissioner for Human Rights Navi Pillay said during a 23-24 February seminar.

Pillay and others pointed out that global warming would have a harsh impact on many of the least developed countries and particularly marginalized communities, which suffer from poor resilience and inadequate ability to respond to climate change.

Posted at 2:04pm and tagged with: Human Rights, Global Warming, Climate Change, Economics, Developing Countries, Developed Countries, United Nations, UN,.

Amid a sluggish economic recovery, a growing number of U.S. business, civic and economic leaders are calling for the nation to tap into global markets as a destination for exports. To that end, the federal government should establish basic policy supports for export-driven growth while capitalizing on the role and assets of metropolitan areas as the key engines of state and national exporting.

Ms. Sakamoto, please add this to my calendar and make the travel arrangements. Thank you.

Posted at 10:38am and tagged with: Export, Trade, United States, US, Policy, Economics, Business,.