Ben Bernanke insists that inflation remains “quite low.” That’s true, unless you need to eat. Core inflation doesn’t include food prices, and they’re soaring around the globe. In fact, the U.N.’s Food and Agriculture Organizati…
Hoping to add some safety against inflation to their portfolios, many folks have been investing in Treasury inflation-protected securities — TIPS. So now that inflation is on the horizon, they should be sitting pretty, right? …
Japanese investors were giddy with excitement as positive earnings reports and the announcement of a major merger flooded the news. The Nikkei 225 advanced 1.1% on Friday, while markets in Hong Kong and China remained closed fo…
Much to retailers’ surprise, old man winter didn’t deter consumers from the post-holiday clearance sales. Merchants posted better-than-expected January results despite the dreadful weather that had caused many analysts to cool …
Worried about the meaning of existence? You might want to check out Raj Patel’s best-selling book The Value of Nothing. Its message about how we value — and misvalue — the world and ourselves charts a middle path toward a society in which our economic choices aren’t dominated by Big Brother or big corporations.
Continue reading Buddhist Economics? Raj Patel Suggests a New Way to Define Value
Buddhist Economics? Raj Patel Suggests a New Way to Define Value originally appeared on DailyFinance on Thu, 03 Feb 2011 12:30:00.