Diamond-Dybvig-Bernanke is a flawed model of banking that has no room for a lender of last resort
Read Here
Ben Bernanke Dollar by Gage Skidmore
Peter Bofinger and Thomas Haas: A Nobel Award for the Wrong Model
Uncategorized
AP – May Day: World’s workers rally, France sees pension anger
Report in AP on May Day protests across the world, focusing on France, where workers continue to resist President Macron’s new pension law. Read the article HERE.
Corruption
Mary Alice Young: Nixon-era laws have shaped western racism and protected ‘enablers’ of financial crimes
In the aftermath of Covid-19, Western governments must redress antiquated and inherently racist organised crime control laws Read here
Economics
Philip Cunliffe: As trust in the US falls, countries want their gold back
The seizure of Russia’s foreign reserves marked the end of fair-play capitalism Read HERE
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