CLSG Economics: Markets and Market Failure
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Fed up with Wall Street, Democrats look to the left

Fed up with Wall Street, Democrats look to the left | CLSG Economics: Markets and Market Failure | Scoop.it
The abject failures of the market economy are pushing the party leftward.
Eleanor Booth's insight:

Following the financial crisis the Democrats have lessened support for right wing viewpoints such as those against market regulation and increased more left wing attitudes in favour of public services and equality.

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Scooped by Eleanor Booth
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Oil falls below $107 on US-Russia deal for Syria - Boston.com

Oil falls below $107 on US-Russia deal for Syria - Boston.com | CLSG Economics: Markets and Market Failure | Scoop.it
The price of oil fell below $107 a barrel Monday on waning fears of a wider Middle East conflict thanks to an international deal intended to halt the use of chemical weapons in Syria.
Eleanor Booth's insight:

The deal between the Americans and the Russians meaning that the Americans won't attack Syria has caused the price of oil to fall as there is less chance of a more widespread conflict in the region. As there will be less violence to disrupt the oil industry, the supply curve has shifted to the right to accomodate for greater quantity.

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