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China has used more concrete in 3 years than the US did in 100 years

February 27th, 2015 at 4:53 pm » Comments Off

Beijing construction 2011 China has used more concrete from 2011 to 2013 than the United States in the entire 20th century, 6.6 gigatons vs. 4.5 giatons, according to the USGS cement statistics.

Warning: rapid finance sector growth is bad for the economy

February 26th, 2015 at 2:54 pm » Comments Off

One huge political issues in recent years has been that Wall Street has done better than Main Street.  the Bank for International Settlements has a new study that shows exactly why rapid finance sector growth is bad for the rest of the economy.

Global stocks comparison, 1899 and 2014

February 24th, 2015 at 3:46 pm » Comments Off

The global stock market had a very different look 145 years ago than it does today.  

Silicon Valley investors betting against banks

February 24th, 2015 at 3:24 pm » Comments Off

WorldRemit a London-based money transfer startup, has announced a new $100 million funding round, with a reported valuation of more than $500 million.  Silicon Valley venture capital firm TCV, which has previously invested in everyone from Facebook to Spotify and Netflix, will lead this round.

Data mining shows global link between wealth and corruption

February 20th, 2015 at 3:03 pm » Comments Off

A question that social scientists and economists have long puzzled over, how corruption arises in different cultures and why it is more prevalent in some countries than others.  But finding correlations between corruption and other measures of economic or social activity has always been difficult.

Why bitcoin can be bigger than the Internet

February 19th, 2015 at 3:41 pm » Comments Off

By Nicholas Carlson, Business Insider “In Spanish, we have a saying that when a genius points at the moon, a fool looks at the finger. I find that happens a lot with bitcoin.” —Wences Casares Serial entrepreneur Wences Casares created Argentina’s first internet provider and later sold his online brokerage firm to Banco Santander for $750 million in […]

Half of money given by top 50 U.S. donors from Tech elite

February 18th, 2015 at 6:01 pm » Comments Off

The Chronicle of Philanthropy released its annual list of the top 50 philanthropists, showing that the tech industry now comprises roughly half of the top philanthropic giving in America.

Price gap between homes and condos at record level

February 16th, 2015 at 1:02 pm » Comments Off

Condominiums have been the easiest way to get a foothold into the housing market for many first-time homebuyers, a pit stop on the way to a dream home.

Millennials want to work for organizations that focus on purpose not profit

February 14th, 2015 at 12:00 pm » Comments Off

We project on them both the worst—they’re all lazy and apathetic!—and the best—they’re all progressive and caring—about our society so Millennials have taken on an almost mythic air in our country.  

The true cost of a flexible job

February 14th, 2015 at 10:00 am » Comments Off

A lot of us would love to work from home, and many workers today are lucky enough to be able to take advantage of workplaces that offer a bit of flexibility as to when and where they work.

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