Tag Archives: corporate profits

Nobel Prize in Economics Breaks New Ground

Popular Economics Weekly STOCKHOLM (AP) — The 2019 Nobel Prize in Economic Sciences has been awarded Monday to Abhijit Banerjee, Esther Duflo and Michael Kremer “for their experimental approach to alleviating global poverty.” It was ground-breaking for several reasons. Firstly, … Continue reading

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Will Corporations Become More Responsible?

Popular Economics Weekly Tradingeconomics It is a sea change in economic thinking when corporate CEOs that belong to the Business Roundtable sign a Statement of Purpose to consider more than maximizing their profits, when maximizing corporate profits at the expense … Continue reading

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What Happened to Main Street—Part II?

Popular Economics Weekly FRED Corporate responsibility is back in the air with a vengeance; not only from Senators Elizabeth Warren and Bernie Sanders who constantly remind us on the campaign trail that corporate misbehavior has tilted the “playing field” of … Continue reading

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Economic Growth Continues For How Long?

Popular Economics Weekly BEA.gov Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the first quarter of 2019, according to the Bureau of Economic Analysis. It was “second” estimate released by the Bureau of Economic … Continue reading

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Q3 Economic Growth Still Strong

Financial FAQs Econoday.com Q3 real GDP growth was up 3.5 percent, according to the U.S. government Bureau of Economic Analysis. “With this second estimate for the third quarter, the general picture of economic growth remains the same; upward revisions to … Continue reading

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Corporate Governance Reform—Women Make A Difference

ANSWERING THE KENNEDYS CALL NYTimes.com California State Senator Hannah-Beth Jackson’s upcoming Senate Bill SB826 on reforming corporate governance will make corporations more responsive to the needs of the societies in which they operate by requiring more women to serve on … Continue reading

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The Results of Our Record Income Inequality

Financial FAQs We know the results of trickle-down economic theory that says lower taxes and government regulations are supposed to lift all boats, as epitomized in Republicans’ latest tax bill. After the ninth year of this recovery, just 10 percent … Continue reading

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