post image

The rise of the ‘cafe economy’

As the economic boom of 2017 continues to fuel a new wave of economic growth, economists are looking at the economic cost of the economic recovery, particularly as it relates to the rise of more profitable retail outlets, a new study says.The economic cost, or economic growth in the long run, is the amount of

post image

When Will the GOP Stop Bailing Out Taxpayers and Start Spending?

By Andrew Prokop The GOP’s current fiscal plan is deeply unpopular among the electorate, according to a new Pew Research Center poll.The poll found that just 23 percent of Americans believe that the GOP’s fiscal policy is “good” or “very good” compared to 52 percent who say it is “bad.”While Democrats have a majority of

post image

India’s GDP growth: 0.2% from 1.2 trillion rupees, economists say

India’s economy is growing at a healthy 0.5% from the 1.3 trillion rupee annualised growth rate of 2016, data released by the Reserve Bank of India on Wednesday showed.Data showed growth in the first quarter stood at 1.02 trillion ru, an increase of 0.7% over the same period last year.Data from the National Sample Survey

post image

AMA: AMA: Economic impact payment is worth $5 billion

The AMA has announced that it has agreed to pay out $5 million to the community for the work of the community in producing the $5bn “economic impact payment”.The payment was proposed by Reddit co-founder Alexis Ohanian in 2015, but was not made public until the AMA’s 2017 summit.It will be administered by the Economic

post image

Which is better: the recession or the crisis?

Economic collapse blogger Matthew Daddio has written a book about the Great Recession, and has written for the Financial Times and Business Insider.His latest book, The Crisis, will be published by Penguin on July 12.In his book, he argues that the financial crisis, as the global economic crisis is often described, was a combination of

post image

How to calculate economic growth for your country

The GDP per capita figure is a measure of a country’s overall economic well-being.It is based on a number of factors including gross domestic product, gross domestic debt, inflation and a variety of other factors.It does not include the amount of capital that is employed or the quality of the people who work in that

post image

How to save money on housing in the next decade

The Government’s Budget 2016, which is currently being drafted by the Prime Minister, proposes to spend about $2.5 billion to reduce the shortage of affordable housing in India, in a bid to revive the economy and to improve the quality of life of citizens.The Budget aims to provide a total of $2,895 crore over five

post image

How to beat the economic apocalypse

How to fight the economic catastrophe heading into the 2020 elections?That’s the challenge facing progressives in 2018.They must find ways to harness the political momentum that washes over the party in the wake of the 2016 presidential election and then use it to create a political alternative to the Republican Party, the Democratic Party and

post image

UK: $50bn over five years to deal with opioid crisis

The UK government says it is on track to provide £50bn of economic impact payments over the next five years, as it attempts to stem a national addiction crisis.The payments, to be made annually, are to be distributed to the wider economy in a bid to cut deaths from opioid overdose and reduce addiction rates,