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Rescooped by Leonardo Martinez from real utopias
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The Shocking Stats About Who's Really Starting Companies In America

The Shocking Stats About Who's Really Starting Companies In America | economics | Scoop.it

Immigrants today are more than twice as likely to found businesses as their native-born counterparts and are responsible for more than 25% of all new business creation and related job growth. And while some of these immigrant-led businesses are next-generation startups and small businesses, many actually top the charts when it comes to America’s largest companies. Currently, more than 40 percent of Fortune 500 companies were founded by immigrants or the children of immigrants, according to a study by The Partnership for a New American Economy, a group of governors and business leaders launched by New York City Mayor Michael Bloomberg and Australian media heavyweight Rupert Murdoch. Yet today, more than 200 years after the U.S. declared independence and threw open its doors to immigrants looking for freedom and a chance to realize their potential, the land of opportunity has been inching its doors shut.


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Will digital piracy kill the music industry?

Will digital piracy kill the music industry? | economics | Scoop.it

"Where do they get their money back from? Do they get it back from advertisers? Do they get it from the state, and a return to a system where culture is financed through patronage? I think you’ll find it’ll be a mixed economy."


Via Pierre Priot
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Hawaii's Plan To Fly Homeless Back To Mainland Now Looks Unlikely

Hawaii's Plan To Fly Homeless Back To Mainland Now Looks Unlikely | economics | Scoop.it
The state's Department of Human Services balks at implementing the Return to Home program, citing "costly and burdensome" requirements. (Xclusive News: Hawaii's Plan To Ship Homeless Back To Mainland Now Looks Unlikely: It appears...
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During The Best Period Of Economic Growth In U.S. History There Was No Income Tax And No Federal Reserve

During The Best Period Of Economic Growth In U.S. History There Was No Income Tax And No Federal Reserve | economics | Scoop.it

How would America ever survive without the central planners in the Obama administration and at the Federal Reserve?  What in the world would we do if there was no income tax and no IRS?  Could the U.S. economy possibly keep from collapsing under such circumstances?  The mainstream media would have us believe that unless we have someone "to pull the levers" our economy would descend into utter chaos, but the truth is that the best period of economic growth in U.S. history occurred during a time when there was no income tax and no Federal Reserve.  Between the Civil War and 1913, the U.S. economy experienced absolutely explosive growth.  The free market system thrived and the rest of the world looked at us with envy.  The federal government was very limited in size, there was no income tax for most of that time and there was no central bank.  To many Americans, it would be absolutely unthinkable to have such a society today, but it actually worked very, very well.  Without the inventions and innovations that came out of that period, the world would be a far different place today. ...


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Nazi Germany - Dictatorship

Nazi Germany - Dictatorship | economics | Scoop.it

Another example of a command economy is a dictatorship, like in the case of Hitler during WWII. In command economies, GDP and HDI tends to be much lower than in market or mixed economies. This is caused becuase of lack of support from the people, or in communism's case the lack of need to work, since you'll be brining home the same income anyways. In countries like these, the state purely decides the production of goods and how much each sells for and in essence, owns everything. Countries which are still command include: North Korea and Cuba.


Via Kevin Shao, Josh Wells
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Hawaii Offers Homeless One-Way Tickets Out of State | TIME.com

Hawaii Offers Homeless One-Way Tickets Out of State | TIME.com | economics | Scoop.it
The controversial tactic has been tried -- and vocally criticized -- elsewhere (Hawaii offers homeless people one-way tickets out of state | http://t.co/6EFgBmQL74 (via @TIMENewsfeed))...
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