Month: April 2019
Prem Sikka: The ‘Big Four’ accounting firms should be broken up
Britain goes from one massive accounting scandal to the next. There are two parallels: The reports were egregiously wrong and the accounting firms earned loads of money for these reports. Read here
Heikki Patomäki – Elections in Finland: What will change, if anything?
According to Heikki Patomäki Finland, an EU member, finds itself in EU neo-liberal stasis. Even if the progressive political parties do well in the parliamentary election on 14 April there is little hope of any […]
Larry Elliot: The value of the customs union to the UK is overrated
It’s seen as a key part of a soft Brexit, but in reality the union has not provided much of a boost to trade of goods with the EU Read here
Alternatives Economiques: Gilles Raveaud – Germany’s Hartz Laws Have Reduced Wages… and Employment
German labour market reforms have a very negative impact on employees, according to a recent study. Cross-posted from Alternatives Economiques Translated by BRAVE NEW EUROPE Because of the very important reforms of its labour market […]
Bill Mitchell: The effectiveness and primacy of fiscal policy – Part 3
“This is the final part of my three-part series on the why I have confidence in the primacy of fiscal policy over monetary policy and eschew any proposals, by other Modern Monetary Theory (MMT) advocates […]
Vox: Elizabeth Warren wants CEOs to go to jail when their companies behave badly
If the EU introduced a similar law they would have to start a programme for building new prisons. The City of London would fill one or two, Volkswagen and Deutsche Bank one as well. Read […]
Adam Leaver and Daniel Tischer – Attack of the CLOnes: the return of complex debt instruments
CDOs’ were widely blamed for fuelling the financial crisis. Now similar instruments called ‘CLOs’ are in the ascendance. Is it time to start worrying? Adam Leaver is a senior lecturer in Financial Innovation and Business […]
Politico: How EU milk is sinking Africa’s farmers
A long, but interesting article. Amazing are the hypocritical statements of EU officials. The most important policy to enable Africans to remain at home and not have to emigrate in search of an existence, is […]
Brendan Maton – Branko Milanovic: Inequality in a meritocratic capitalist world
The recent university scandal in the USA is just another example of how the rich can secure their children success, although there may be little talent behind this. Read here