GoldieBlox agreed to pay $1m to charity in Beastie Boys settlement

Argument over ‘fair use’ of Girls song ended in March with deal to donate to STEM education for girls. By Stuart Dredge. In March, the Beastie Boys reached a settlement with the US toy company GoldieBlox over the latters parody of their song Girls in a viral advert. Now the details of that settlement have […]

How about a little accountability for economists when they mess up? | Dean Baker

Dean Baker is co-director of the Centre for Economic and Policy Research. Suppose our fire department was staffed with out-of-shape incompetents who didnt know how to handle a firehose. That would be really bad news, but it wouldnt be obvious most of the time because we dont often see major fires. The fire departments inadequacy […]

How one woman harnessed people power to save old New York

New film tells story of Jane Jacobss battle’s against the wealthiest developers in the city. She was a beaky, bespectacled architecture writer, hardly a figure likely to ignite protests that changed the shape of one of the worlds great cities. Yet such is the legend of Jane Jacobs and her bitter struggles to preserve the […]

US could wait until next summer to raise interest rates, say economists

Surveyed experts predicted last weeks rate rise would be followed by two more next year, not three. The Federal Reserve could wait until at least next summer before raising interest rates again, according to Wall Street economists surveyed by the Financial Times. Expectations that a rate rise last week by the US central bank would […]

First edition of Isaac Newton’s Principia set to fetch $1m at auction

Rare European copy of key mathematics text is going under hammer at Christies in New York with record guide price. A first edition of Sir Isaac Newton’s Principia Mathematica could become the most expensive print sold of the revolutionary text when it goes under the hammer with a guide price of at least $1m (790,000) […]