It could put the American fossil fuel industry on a clear path to extinction.
- A bipartisan group of renowned economists has proposed the U.S. implement a carbon tax.
- The tax would increase until climate goals are met, and all proceeds would be given back to the people in equal lump-sums.
- Recent research suggests that a majority of people would support a carbon tax policy that redistributes proceeds back to citizens.
This economy has us in survival mode, stressing out our bodies and minds.
- Economic hardship is linked to physical and psychological illness, resulting in added healthcare expenses people can't afford.
- The gig economy – think Uber, Lyft, TaskRabbit, Handy – is marketed as a 'be your own boss' revolution, but it can be dehumanizing and dangerous; every worker is disposable.
- The cooperative business model can help reverse wealth inequality.
The Green New Deal is an ambitious attempt to fight climate change, but is it destined to hit the political skids?
- Recent protests by the Sunrise Movement have taken the Green New Deal from forgotten policy to trending hashtag.
- The Green New Deal aims to move the U.S. to 100% renewable energy within a decade.
- Proponents also hope to catalyze a top-down restructuring of the U.S. economy and advance social justice issues.
Hold the press... college might be a bad idea. Unless we change something.
- College went from being a beneficial step in a young person's life to a huge financial burden for decades into their life.
- Since the 1970s, the cost of education has gone up between 400–1200%, depending on the kind of school you go to.
- Can we turn it around? Only societal change — and a good hard look in the mirror — can really make college a better move for young Americans.
The report also predicts India's economy will surpass the U.S. by 2030.
- The Standard Chartered Bank, a British multinational banking and financial services company, recently issued a report to clients outlining projections about the world economy up until 2030.
- The report predicts Asian economies will grow significantly in the next decade, taking seven of the top 10 spots on the list of the world's biggest economies by 2030.
- However, the researchers formed their predictions by measuring purchasing power parity at GDP, which is an approach that not all economists would use in these kinds of projections.
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