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This working group is focused on sustainable economics and financial balance within resilient social ecologies.

The mission of this working group is to build sustainable economy and financial balance within resilient social ecologies.

Members

Corey Watts david hastings Elhadj Drame John Girard Kathy Gilbeaux LintonWells
Maeryn Obley mdmcdonald Samuel Bendett

Email address for group

economics@m.resiliencesystem.org

Transparency in Supply Chains: A Convergence of Possibilities

csi.gsb.stanford.edu - Kriss - February 4, 2013

Where do the products we buy come from and how do we know that their production doesn’t leave a wake of environmental damage or exploited workers? Even brands we think we trust are often linked to suppliers with questionable or downright abusive practices, as exemplified in the November factory fire in Bangladesh, where 112 workers were killed at a factory that supplied Walmart, Sears and even the U.S. Marine Corps, though all claim they had no idea that apparel produced there was destined for their stores.

Global supply chains are complex and opaque, with many layers of suppliers, distant and inconsistent regulatory environments, and intermittent and sometimes unreliable audits and reporting.

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Why 58 Representatives Who Voted for Hurricane Katrina Aid Voted Against Aid for Sandy

      

Damage in the Rockaway neighborhood in Queens, N.Y., where the historic boardwalk was washed away during Hurricane Sandy on Oct. 31, 2012. (Spencer Platt/Getty Images)

propublica.org - by Theodoric Meyer - January 18, 2013

When Hurricane Katrina hit in 2005, Congress passed two relief bills almost unanimously. But when it comes to Hurricane Sandy, some in Congress seem to have had a change of heart.

In total, 58 representatives voted against bills this month similar to ones that they had supported after Katrina.

Here's a breakdown of how each of them voted on the two Katrina bills and the two Sandy ones:

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U.S. to Overtake Saudi Arabia, Russia as World's Top Energy Producer

Oil derricks like this one outside of Williston, North Dakota, are part of a shale oil boom that has helped put the United States on track to overtake Saudi Arabia as the world's leading oil producer. Photograph by Gregory Bull, AP

Image: Oil derricks like this one outside of Williston, North Dakota, are part of a shale oil boom that has helped put the United States on track to overtake Saudi Arabia as the world's leading oil producer. Photograph by Gregory Bull, AP

news.nationalgeographic.com - November 12th, 2012 - Theodore K. Grose

In an indication of how "fracking" is reshaping the global energy picture, the International Energy Agency today projected that the United States will overtake Saudi Arabia as the world's largest oil producer by 2017.

And within just three years, the United States will unseat Russia as the largest producer of natural gas.

Both results would have been unthinkable even a few short years ago, but the future geography of supply has shifted dramatically due to what IEA calls America's "energy renaissance."

U.S. fiscal cliff, Europe's debt woes worry G20

reuters.com - November 4th, 2012 - Krista Hughes and Julien Toyer

Finance chiefs of leading economies pressed the United States on Sunday to avert a rush of spending cuts and tax hikes that could hurt global output next year, though some countries still saw Europe's debt crisis as the No. 1 danger.

Unless a fractious Congress can move quickly to reach a deal after Tuesday's U.S. elections, about $600 billion in government spending cuts and higher taxes are set to kick in from Jan. 1, threatening to push the American economy back into recession.
   
"They need to act swiftly on the fiscal cliff and then they will need to put in place a medium-term fiscal consolidation," Australian Treasurer Wayne Swan told Reuters before ministers from the Group of 20 countries gathered for talks.

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Hurricane Sandy's Economic Damage Could Reach $50 Billion, Eqecat Estimates

huffingtonpost.com - November 1st, 2012 - Matthew Craft

Widespread power outages and subway shutdowns may wind up making Superstorm Sandy the second most expensive storm in U.S. history, according to the forecasting firm Eqecat. That would rank it right behind Hurricane Katrina.

Eqecat said Thursday that the damage from the storm will likely be far worse than it previously predicted, largely a result of Sandy hitting the most densely populated area in the country.

The firm doubled its previous estimate for the total bill and now says Sandy may have caused between $30 billion and $50 billion in economic losses, including property damage, lost business and extra living expenses.

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House Leaders to HHS: Halt and Fix the EHR Incentive Program

healthdatamanagement.com - by Joseph Goedert - October 5, 2012

Four powerful members of the U.S. House and Representatives have sent a letter to HHS Secretary Kathleen Sebelius calling for an immediate halt to the electronic health records meaningful use incentive program, which they consider to be weak.

. . . The House members contend the meaningful use program is not meeting its goals, has wasted $10 billion and may do more harm than good. What follows is text of their Oct. 4 letter to Sebelius:

“We are writing to express serious concerns about the final Electronic Health Record Stage 2 Meaningful Use Program rules recently issued by the Centers for Medicare and Medicaid Services and the Office of the National Coordinator for Health Information Technology. We believe that the Stage 2 rules are, in some respects, weaker than the proposed Stage 1 regulations released in 2009. The result will be a less efficient system that squanders taxpayer dollars and does little, if anything, to improve outcomes for Medicare.

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France unveils 'harshest budget in 30 years'

François Hollande has described the 2013 plans as a 'combat budget'. Photograph: Andrew Gombert/EPA

Image: François Hollande has described the 2013 plans as a 'combat budget'. Photograph: Andrew Gombert/EPA

guardian.co.uk - September 28th, 2012 - Kim Willsher

To the dismay of a swath of French bankers, business leaders and the wealthy, President François Hollande has remained true to his word and unveiled €20bn (£16bn) in new taxes, including a 75% "supertax" band that will hit the rich.

In what Hollande has described as France's harshest budget in 30 years, business and personal taxpayers were asked on Friday to make an "unprecedented effort" to slash the country's public spending deficit.

However, the Socialist government sidestepped swingeing cuts in public spending, including pensions and state salaries, in its 2013 budget, which aims to find €36.9bn in savings.

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Protests puncture euro zone optimism

A protester runs from police in Athens on Wednesday. (Louisa Gouliamaki/AFP/Getty Images)

Image: A protester runs from police in Athens on Wednesday. (Louisa Gouliamaki/AFP/Getty Images)

globalpost.com - September 26th, 2012 - Paul Ames

Riot police fired tear gas at an angry mob throwing gasoline bombs during a general strike in Athens today, a day after Spanish police shot rubber bullets at leftist protesters attempting to storm parliament, where lawmakers were mulling more austerity.

Days after it seemed European policymakers may have finally launched a drive to save the continent’s single currency, the euro zone's battlefield is spreading from trading floors to the streets.

Now Spain’s richest region is calling for independence, part of the mounting political fallout from an economic crisis that is far from resolution.

(VIEW COMPLETE ARTICLE)

Localizing Kickstarter: Mapping Mashup Helps Keep Cash Close to Home

submitted by Albert Gomez

good.is - by Zak Stone - September 11, 2012

How do you decide which creative projects to back on crowdfunding platforms like Kickstarter?

If you're inclined to think local, you're not alone, according to Justin Wilcox, a software developer who interviewed Kickstarter backers to gain insight into their perferences. . .
. . . "Kickstarter has some rudimentary capabilities to find projects around you"—like searching by city—"but we saw a need, an interest, to develop that to much more depth.”

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Haiti: Business Leaders Prohibited from Leaving the Country for Alleged Tax Evasion

Andre Apaid [file]

defend.ht - September 4, 2012

PORT-AU-PRINCE, Haiti (defend.ht) – A prominent businessman in Haiti was stopped from leaving the country on Monday by port authority officials at the international airport for alleged tax evasion, a charge the business leader is contesting.

Andre Apaid Jr. , who comes from a long line of family members with holdings in the industrial park of Port-au-Prince that subcontracts factories and employs thousands of workers, says he was attempting to travel abroad from the Toussaint Louverture International Airport for a business meeting when he was stopped by authorities who confiscated his passport.

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