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What if solving poverty, caring for nature and fostering well-being were the ultimate goals of the economy, instead of growth for its own sake? Environmentalist and economist Gaya Herrington proposes a shift in thinking from “never enough” to “enough for each,” asking us to contemplate whether the end of exponential growth on a finite planet […]
A potential merger between a German bank and an Italian rival would not normally elicit much interest beyond the business pages. But these are not normal times. The Italian bank UniCredit recently provoked a political backlash in Germany by acquiring a 21% stake in the German lender Commerzbank. Even chancellor Olaf Scholz weighed in, calling […]
Ranked: The Largest Aircraft Makers in 2024 This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. As the aerospace industry continues to refine its craft, several companies and one country stand out as the industry leaders. […]
Chinese economists called for institutional reforms after three US-based scholars won the Nobel Prize in economics with their research into how institutions shape the economic success of nations. Turkish-American Daron Acemoglu and British-Americans Simon Johnson and James Robinson were named as this year’s winners on Monday in Stockholm having published extensively on the relationships between […]
Ministers will have to comply with tougher rules on declaring gifts as Labour closes ‘Tory freebies loophole’, MPs told Ellie Reeves, the Cabinet Office minister, has confirmed that the government will tighten the rules about the declaration of gifts given to ministers. In response to an urgent question tabled by John Glen, a shadow minister, […]
Prize was awarded for work on how institutions are formed and how they affect differences in prosperity. Source link
Daron Acemoglu, Simon Johnson, James Robinson win Economic Nobel Prize 2024 | Photo: X 3 min read Last Updated : Oct 14 2024 | 4:01 PM IST The Royal Swedish Academy of Sciences on Monday announced that the 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to […]
The Federal Reserve slashed interest rates by half a percentage point. What does this mean for your mortgage, your savings account, and the economy at large? In this First Friday economic episode, we dive deep into the Fed’s decision. But that’s just the beginning. As the presidential election looms, we’ll also unpack the economic proposals […]