Daniela Gabor explains Shadow Money. Daniela Gabor is Professor of Economics and Macro-Finance at the University of the West of England, Bristol Cross-posted from Critical Macro Finance Last month, I participated in an excellent […]
In 2013 Thomas Herndon shot to fame when he found major errors in a widely cited academic paper by Carmen Reinhart and Kenneth Rogoff which had been used to justify austerity policies in Europe and […]
Globaisation is in crisis. Good news, but why are we not celebrating and what should follow? Listen here
The World Wealth and Income Database (WID.world) aims to provide open and convenient access to the most extensive available database on the historical evolution of the world distribution of income and wealth, both within countries […]
This is the second of six articles in a series presenting portions of Emma Clancy’s report The Future of the Eurozone that BRAVE NEW EUROPE will be posting in the next weeks. In this instalment Emma explains why […]
Instead of assuming rational expectations and efficient markets to be right, one ought to confront the hypotheses with the available evidence. It is not enough to construct models. Without strong evidence, all kinds of absurd […]
Every US president since Ronald Reagan has been telling the same myth: Tax gifts for the rich will trickle down to the rest of society. And society has has believed them. But trickle down has […]
Chris Dillow comments on Ann Pettifor’s recent article in the Guardian, in which she writes that Labour’s policies would be better for Britain’s capitalists than the current Tory programme. Although he agrees in principle, Dillow […]
Companies across the EU will be forced to disclose their true owners under new legislation prompted by the release of the Panama Papers. Anti-corruption campaigners applauded the agreement as a major step in the fight […]
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