Economy

David LePage

David LePage's picture

In competitive business, a “race to the bottom” can appear unavoidable. Oftentimes, businesses do not know how to get around the race to offer products or services at the lowest possible price. But this model can have negative effects. Prioritizing merely low prices as a supplier or purchaser has been known to contradict ethical and sustainable business practices.

Cormac Russell

What Does a One-room Schoolhouse in Michigan Have to Do With Greece, Europe, Democracy and the Now Floundering Economic Globalization Experiment?
Cormac Russell's picture

On January 25th the far left Syriza Party won 149 seats out of 300 in Greece's parliamentary elections and formed a coalition with the fringe right wing independent party. Both parties are fused together in trenchant opposition to the austerity measures imposed on their country by the Troika (the European Commission, the European Central Bank and the International Monetary Fund) as a means of dealing with the aftermath of the 2008 Great Recession.

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