To add insult to injury, this is from the April 2019 Stanford law review:
"Almost half of all the coal produced in the United States is mined by companies that have recently gone bankrupt. This Article explains how those bankruptcy proceedings have undermined federal environmental and labor laws. In particular, coal companies have used the Bankruptcy Code to evade congressionally imposed liabilities requiring that they pay lifetime health benefits to coal miners and restore land degraded by surface mining. Using financial information reported in filings to the Securities and Exchange Commission and in the companies’ reorganization agreements, we show that between 2012 and 2017, four of the largest coal companies in the United States succeeded in shedding almost $5.2 billion of environmental and retiree liabilities."
For anyone looking for a cohesive macroeconomic theory drawing from the economists mentioned here (e.g. Minsky, Godley, and others at the Levy Institute), I highly recommended taking a gander at Modern Monetary Theory
China exceeded the US in manufacturing output in 2010. And while absolute output hasn't gone done, our share of manufacturing output has. The US manufactured 28% of all goods in 2005, and 17% in 2015.
Don't know why land use would be the determining factor for food access. If the goal is to maximize access to food, that seems like a food distribution problem, and not a production problem. Hungry people need cheap markets, not farms.
Edenworks | Senior Firmware and Systems Engineer | New York | Full-time and ONSITE
Edenworks designs and operates the next generation of indoor farms. We grow seafood and greens in warehouses aquaponically, and will be launching our first commercial farm by the end of 2016. We pride ourselves on having the most sustainable, tasty, and cost competitive produce in indoor farming. As senior firmware engineer, you'll be designing and building the backbone of our connected farms.
We are based out of Brooklyn and are currently a team of 10 mech/elect/soft engineers, farmers, fabricators, and an architect.
- America already has low tariffs (hence our lust for imported goods). The rest of the world has higher tariffs. US goods producers stand more to gain from TPP than foreign goods producers.
- Average wages for traded/export industries, such as Kentucky bourbon, are higher than for local industries, like hospitals. The more the US can focus on traded industries, the more wages rise in America. Germany does a great job of this. We don't but TPP would help.
- TPP still has to get approved by Congress. Fast track just strips Congress' ability to amend or filibuster the deal - two tactics that favor special interests over majority interests.
- Special interests are always powerful in trade negotiations. Limiting their power is crucial to passing equitable, long-term focused deals.
Edenworks | Brooklyn, NY | VP of Software Engineering
We build aquaponic greenhouses on city center rooftops, selling seafood and produce directly to consumers. Why? Because it's super flippin tasty, we can use 90% less water and energy, and ordering, harvesting, and delivering all in the same day is a gosh darn great service. We are a team of biologists, architects, mechanical/electrical engineers, and developers looking for a VP of Software Engineering to help us automate farming.
"Almost half of all the coal produced in the United States is mined by companies that have recently gone bankrupt. This Article explains how those bankruptcy proceedings have undermined federal environmental and labor laws. In particular, coal companies have used the Bankruptcy Code to evade congressionally imposed liabilities requiring that they pay lifetime health benefits to coal miners and restore land degraded by surface mining. Using financial information reported in filings to the Securities and Exchange Commission and in the companies’ reorganization agreements, we show that between 2012 and 2017, four of the largest coal companies in the United States succeeded in shedding almost $5.2 billion of environmental and retiree liabilities."
https://www.stanfordlawreview.org/print/article/bankruptcy-a...