Tagged: Economics

Socialism—a word astray in the USA

M. Michael Brady Asker, Norway In everyday American vernacular, “socialism” has become a tainted word. The roots of that aberration lie in recent history. In 1953, President Dwight D. Eisenhower took office. As a...

Capitalism revealed

M. Michael Brady Asker, Norway This entertaining book, 23 Things They Don’t Tell You About Capitalism by Cambridge University Professor and Guardian columnist Ha-Joon Chang, punctures the principal myths about capitalism that free-market economists...

One in three of Norway's multi-family buildings are in Oslo

Statistics show that almost every third multi-family building is in Oslo. There are 3.9 million buildings in Norway, whereof 33,306 are multi-family buildings. In Oslo there are 10,478 multi-family buildings. More than one-third of...

Capital losses reduce inequality

Huge capital losses within households at the top of the income distribution contracted income differentials. 2008 was once again a year of substantial rises in household income. The median equivalent income rose by 3.9...

Increase in manufacturing turnover

The turnover in Norwegian manufacturing increased by 2.1 percent from November 2009 to January 2010 compared to the previous three-month period, according to seasonally adjusted figures. Turnover within the export market increased by 4.3...

Cultivating the crème de la crème of basic research

“The Centre for Advanced Study (CAS) was the first institution in Norway to devote specific attention to elite-level researchers, and their ability to achieve excellence in research,” says Gro Steinsland, Scientific Director of CAS....

Education for all becoming harder to achieve

Millions of children could miss the opportunity to go to school as a result of the financial crisis. The United Nations sounds the alarm in a new report on education. Lower economic growth and...

First out of economic trouble: Norway

The Organization for Economic Cooperation and Development in Paris said this week Norway would be the first European state to return to economic health. The Norway Post reported Friday that Norway was projected to...