Category: Business and Economics
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Sanjukta Paul on the exploitative business practice of classifying workers as independent contractors -over at the Frying Pan blog. (This is part I of a three part article; part II and III will be added as they appear)
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Happy May Day. A message from Noam Chomsky.
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Michael Sandel has written a long, thoughtful, but frustrating article that raises questions about the intrusion of markets and market values into new domains. He begins with a long list of problematic goods and services that can now be bought and sold, then explains why we might worry about such things being sell-able. He has…
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Move over, BPA, make room for the new kid on the block: 4- MI ( the 'cute' name for 4-methylimidazole), a byproduct of the process used to create one of the coloring agents used in what is obliquely termed 'caramel color' on the ingredients list of many processed foods, most notably sodas like Coca Cola…
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Some doctors now believe that extreme grief due to the loss of a loved one should be medically classified and treated like any other form of depression. Others argue that grief is a natural (and sometimes, necessary) human emotion and it should not be categorized as an ailment that needs to be corrected by "Happy…
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Without additional commentary on the nature of the GOP presidential candidates, here is just one "idea" proposed by the current front runner Newt Gingrich whom some are calling the Newtron Bomb. It's a fact, because he has told us so, that Republican primary candidate Newt Gingrich is first and foremost a historian, so it's no surprise when he buttresses…
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What happens when China or India start developing pharmaceuticals at a fraction of the cost of the U.S. and Germany? How about heavy lift rockets that can compete with the Russians? Europe and the U.S. will find it hard to compete with Russia in the commercial aircraft market. Then will come India, China, and Brazil.
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Mumbai: Explosions shake India's financial hub More HERE. Hi Res photos HERE. NPR HERE CNN HERE..
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A couple of weeks ago I posted the news about KV Pharmaceutical's price gouging tactics involving a common drug used to prevent premature labor in pregnant women. The FDA, which gave exclusive manufacturing license for the drug Makena to KV, has now reacted to the massive bad press generated by the extortionist ways of the pharmaceutical…
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The National Council of Applied Economic Research has released numbers about the number of Indian households at different income levels, for 2001 and 2010. I couldn't find the paper online with a quick search, but there's a story here. (The headline is a bit polemical, but whatever) I tabulated the numbers: Number of Households (millions)…
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