Global climate summit is heading for a geopolitical hurricane

The last time world leaders got together for a climate summit, the backdrop was thoroughly menacing. A pandemic had decimated national budgets. Poor countries were up in arms over the hoarding of COVID-19 vaccines by the ...

Economic recovery after shutdown could take up to three years

The coronavirus pandemic poses an enormous challenge for the domestic and global economy. Despite the measures taken by the Austrian government, the consequences of the lockdown and partial suspension of global trade flows ...

New study shows how the US can avoid a debt disaster

A new study by John Merrifield, professor of economics at The University of Texas at San Antonio, describes a way for the United States to curb its spending and stop the growth of the astronomical national debt, which is ...

Can solar energy help save Greece?

What happens to renewable energy programs in a country that gets whacked by a full-scale debt crisis, like the one that struck Greece beginning in 2009—do the programs whither and die in the winds of austerity? And how ...

Wealthy disagree with most Americans about income policies

(Phys.org)—As Congress and President Obama wrestle over the "sequester" and other measures that would dramatically cut government spending, the first systematic study of the political attitudes of wealthy Americans indicates ...

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