Both the mainstream and alternative media spend a good amount of time reporting on the excesses of Wall Street, which range from extremely disproportionate levels of compensation to blatantly criminal practices. Whether we are talking about Goldman S [More...]

"On approaching the other it has lost its own self, since it finds itself as another being; secondly, it has thereby sublated that other, for this primitive consciousness does not regard the other as essentially real but sees its own self in the ot [More...]

I came across this lovely little tale by David Schawel at Economic Musings, in which he explains who’s really paying for the $25 billion mortgage settlement that the US government signed with the big banks. Turns out, it's not the big banks that p [More...]

Here at TAE, we like to apply the insights of systems theory to our global economic, financial, energy and environmental systems and think in big picture terms about how these systems evolve and interact. That is why, for example, we don't look [More...]

A universal strategy of large institutions is the manipulation of their "books & records" in a positive direction - i.e. one suggesting high levels of current performance and future growth. We see this happen time and again across institutions i [More...]

The other big "risk on" news last week, aside from a coercive Greek debt restructuring that was completed "successfully" (but will only make Greece's public debts larger and less sustainable), was a rumor that "sterilized QE3" may be launched by [More...]