Things Are Good: New bank Account Morally Monitors Your Purchases

money Aspiration financial firm is a B-corporatoin that wants to help people “vote with their wallets”. It’s incredibly hard for individuals to stay up to date on the damage that large organizations do despite that a lot of people care. Consumers want to punish companies for some of their actions from United kicking people off ...

Things Are Good: A Hippocratic Oath for Bankers

Bankers destroyed the economy and in too many countries those responsible walk free despite the damage they wrought. Iceland jailed bankers at fault in their country, but what can we do to ensure that bankers behave in the future? Doctors take the hippocratic oath in order to practice medicine, now it’s being suggested bankers need ...

Carbon49 - Sustainability for Canadian businesses: Creative Funding for Green Startups

You are an entrepreneur with a fantastic idea for a green startup. You go to the bank for funding but they turn you down. What do you do? Fear not, green warriors! We will show you five non-traditional funding sources for social and environmental startups, including crowd funding and peer-to-peer lending, and go through some ...

Things Are Good: Scotiabank Looks to Reward Eco Companies

Banks have a horrible reputation because of their inability to predict economic behaviour, this was highlighted by the ongoing economic claptrap that started roughly seven years ago. Canadian banks have also received a tarnished reputation because of their ongoing unethical investments in the Alberta tar sands. Perhaps as a reaction to this, Scotiabank launched an ...

Writings of J. Todd Ring: The rise of Bitcoin: and the challenge to the global domination of big money

The following article was written on October 25. I wanted to read it over once more before publishing it, then got busy with other things and forgot about it. In the roughly six weeks that have passed since the writing of this article, the Bitcoin prices have gone from roughly $200 to over $700. There ...

The Scott Ross: In Their Words: Conservatives Responsible For High Household Debt

Canada’s dangerously high household debt is being caused by people spending beyond their means, this Conservative government has done everything possible to make sure Canadians continue to do just that. In 2006 a newly elected Conservative government began lowering the GST with the explicit purpose of increasing consumer spending. The problem was that at the ...

The Scott Ross: Why Being Conservative With Business Is Bad Business

Turns out Conservatives can’t grow businesses liberally. Go figure. Since Stephen Harper became Prime Minister the World Bank reports that Canada has fallen from the 4th most business friendly nation to the 17th. Data shows that not only has Canada fallen in rank, but the number of new businesses registered annually has gone down and ...

The Scott Ross: World Bank: Conservatives Making Canada Less Business Friendly

People often assume that Conservatives are pro-business, and they are, if that business is restricting other businesses from starting-up and growing. Annual data from the World Bank shows that since Stephen Harper became Prime Minister, Canada has only become less business friendly. A report by the World Bank evaluating and comparing different countries regulations and ...

The Scott Ross: Conservative Fiscal Deficits & Ignorant Surpluses

Though many would say that fiscal deficits from this Conservative government are the most worrying, their lack of economic knowledge is far more dangerous. Before showing the economic ignorance of Conservative MP Pierre Poilievre a quick introduction to terminology is needed. When speaking of our debt there is a basic yet important distinction, gross debt ...

The Scott Ross: America Falling Or World Rising

The United States’ influence is declining in the world, but there is at least one reason why Americans shouldn’t lament. It is not that the United States is falling behind but it is that the world is catching up. The weakening of America’s superiority may raise concern at home, but Americans should draw comfort in ...

The Scott Ross: Europe’s Export of Political Integration

From democracy to banking, Europe has launched institutions that have shaped the world; with its recent financial crisis, Europe might be about to do it again. The European financial crisis is only giving further legitimacy and urgency to greater European political integration. It is argued that with many economies dependent on each other, with a ...

knitnut.net: Weird encounter at the bank

GC and I want to travel a little, maybe go to Newfoundland or New Orleans or San Francisco…anywhere, really. But when we have money we don’t have time, and when we have time we don’t have money, and sometimes we have neither. So we decided to start tucking a little bit of money away each ...

World Headlines Review: Debt Ceiling Debate is Moot: USG Owes More Dollars than in Existence

Image by Images_of_Money The current debate in Washington as to whether or not and under what conditions to raise the debt-ceiling has for the past week dominated global news coverage and the public mind.  Absent from the debate and mainstream coverage is a discussion of the debt limit in the context of the American monetary ...

World Headlines Review: Switzerland: Swiss Franc -ly Under Attack

Separate reports this week in the Swiss newspaper Neue Zuericher Zeitung (NZZ) are highlighting the difficult choices Switzerland, and by extension other nations, are facing in the continued onslaught of effective currency devaluation by US and Eurozone officials. The Greenback and the Euro have fallen significantly against the Franc and other currencies in the past ...