Thousands of demonstrators banged on kitchen pots and chanted “Catalonia has no king!” on Monday to protest a visit by the Spanish royal family to the capital of the region that has been hit by weeks of separatist demonstrations.
Economics
Bill Mitchell: With central banks chasing shadows, many nations are now plunging towards or into recession
We are now entering phase 2 of the New Keynesian policy folly. Phase 1 – was the rising interest rates to fight an inflation that was not interest-rate sensitive. Phase 2 – run policy so […]
Finance
The Markup: Secretive Algorithm Will Now Determine Uber Driver Pay in Many US Cities
The company has long used ride time and mileage to decide driver pay but is now turning to an opaque calculation called “Upfront Fares” Read Here
Corruption
Richard Brooks: The financial scandal no one is talking about
This article features extracts from Richard Brook’s new book, Bean Counters: The Triumph of the Accountants and How They Broke Capitalism. Read here See our review of the book here
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