Economics

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huffingtonpost.com - by John Feffer - January 7, 2016

The market was supposed to save the planet.

That, at least, was the argument of many economists grappling with the problem of climate change. As fossil fuels became scarcer, they pointed out, the price of oil and natural gas would go up. And then other options, like solar and wind, would become cheaper, particularly as investment flowed into that sector and drove down the cost of new technologies.

And voila: The invisible hand would gradually turn down the global thermostat.

It’s a ridiculous argument.

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South Sudan tops many aid agencies' humanitarian priority lists. as a three-year civil war exacts a heavy toll on the citizens of the country.  (Nichole Sobecki, AFP)

Following a call from the UN for a record $20.1 billion, 15 of the world's leading aid agencies were polled on their top humanitarian concerns.

mg.co.za - by Tom Esslemont - December 28, 2015

There’s one prediction for 2016 that most aid workers can make with confidence – that the new year will usher in rising humanitarian needs.

Besides displacement caused by long-term conflicts in places like Syria and South Sudan, there is also the threat of more violence in Central African Republic and hunger caused by El Nino, which is expected to bring more drought to already-parched southern regions in Africa and potential flooding in the east. . . .

. . . A Thomson Reuters Foundation poll asked 15 of the world’s leading aid agencies to name their top three humanitarian priorities for 2016. Not surprisingly, Syria topped the list of concerns. But what were the others?

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Image: A photograph of a city skyline at dusk with lamps in the foreground that resemble stylized trees.

huffingtonpost.com - October 20th, 2015 - Jeremy Rifkin

The global economy is slowing, productivity is waning in every region of the world and unemployment remains stubbornly high in every country. At the same time, economic inequality between the rich and the poor is at the highest point in human history. In 2010 the combined wealth of the 388 richest people in the world equaled the combined wealth of the poorest half of the human race.

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Annie Moody adjusts belongings next to her tent on Towne Avenue at 6th Street in Los Angeles. (Gary Friedman / Los Angeles Times)

latimes.com - by Peter Jamison, David Zahniser and Matt Hamilton - September 22, 2015

Los Angeles elected leaders announced Tuesday that they will declare a “state of emergency” on the growing homelessness problem in the city and commit $100 million toward housing and other services for homeless people.

The proposal, which was presented at a City Hall press conference attended by City Council members and Mayor Eric Garcetti, coincides with a Garcetti administration proposal, issued late Monday, that aims to free up nearly $13 million in newly anticipated excess tax revenue for short-term housing initiatives.

If approved, the pair of initiatives could significantly increase the resources dedicated to tackling homelessness in a city where the majority of the 26,000 homeless people live on the streets.

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