Irrational Exuberance Down Under | Bloomberg View

[ Australia ]


Housing is one of the three pillars of the Australian economy, along with financial institutions and natural resources.

Politicians and investors alike don’t get “how deeply intertwined and connected” these sectors are and “how they can easily take each other down in a domino effect.”

via Irrational Exuberance Down Under – Bloomberg View.

Google, GE and others helping to fund climate-change denial, report finds | theguardian.com

“Corporate treasuries are legally prohibited from making political contributions, and PACs (political action committees) are the vehicle that they use.”

“Technically speaking, these PACs represent voluntary gifts from a company’s employees. In practice, they are the political arm of a corporation.”

via Google, GE and others helping to fund climate-change denial, report finds | Guardian Sustainable Business | theguardian.com.

Engineering a better food bank | US National Science Foundation (NSF)

Food banks are enormous enterprises, serving as the linchpin for hunger relief efforts across the United States.

But they are as complex as the nation’s food system itself, collecting food from sources ranging from local farmers to charitable donations and distributing it to myriad agencies that then share it with people in need.

Their goal is to do this as fairly and efficiently as possible. But, like many complicated systems, this is easier said than done. That’s where engineering comes in.

via nsf.gov – National Science Foundation (NSF) Discoveries – Engineering a better food bank – US National Science Foundation (NSF).

Pursuit of Individuals in Corporate Misconduct Still Arduous | NYTimes.com

Despite three saber-rattling speeches by Justice Department leaders, however, prosecutors looking to file charges against executives for wrongdoing will face significant hurdles.

Not the least is the basic requirement in the criminal law to prove a defendant’s culpable intent, which is no easy task when executives are far removed from daily operations.

via Pursuit of Individuals in Corporate Misconduct Still Arduous – NYTimes.com.