Month: May 2014

The Central Contradiction of Capitalism that Piketty Overlooked

The Central Contradiction of Capitalism that Piketty Overlooked

It is instructive to observe the reaction to the Piketty phenomenon—a 700-page treatise on political economy that became an overnight Amazon bestseller deserving, according to Larry Summers, of a Nobel Prize. It is similarly instructive to note the spectacle of the viral Russell Brand interview with the BBC’s Jeremy Paxman in which Brand pretty much […]

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    Oil Spills Increased by 17% in 2013

    Oil Spills Increased by 17% in 2013

    The rate of oil drilling in the U.S. leveled off in 2013, but the same can’t be said for the amount of spills that took place. According to a report from E&E Publishing, there were at least 7,662 spills, blowouts, leaks and similar incidents last year in 15 of the top states for onshore oil and gas […]

    Demand Action on Climate Change in NYC on Sept. 20

    Demand Action on Climate Change in NYC on Sept. 20

    Earlier this spring the chaplain at Harvard joined students sitting-in outside the Harvard president’s office to demand climate action. He took the bullhorn for a minute, and thanked the organizers for “giving me the chance to be the person who I purport to be—a person who gives a damn.” We’re all going to get that […]

    What Makes a City Great?

    What Makes a City Great?

    What makes a city great? Among other things, great cities welcome ethnic diversity, support and foster the arts, have access to venture capital to spur entrepreneurship and innovation and benefit from healthy environments that provide clean air and water. New York City is a driver of global finance and a hotbed of arts and culture. […]

    More Dogs Sick From Imported Pet Treats From China

    More Dogs Sick From Imported Pet Treats From China

    On Friday, the Food & Drug Administration (FDA) released its latest update on the number of pet illnesses associated with imported pet treats from China. The exact cause of the illnesses is still not known. “This ongoing health threat to American pets illustrates how trade policy is trumping regulations to protect our health.” Photo credit: Shutterstock “Since […]

    Why Elon Musk Now Wants to Build Hundreds of Tesla ‘Gigafactories’

    Why Elon Musk Now Wants to Build Hundreds of Tesla ‘Gigafactories’

    Tesla Motors isn’t simply planning on building a huge, $5 billion ‘gigafactory’ to produce enough lithium-ion batteries to change the electric vehicle (EV) market and drive down prices. The EV maker wants to build hundreds of them. Of course, the first one has yet to be built. In fact, the company has yet to even decide whether […]