When a high-ranking European policymaker like Christine Lagarde gives a keynote speech on “policymaking in an age of shifts and breaks” at a meeting of the world’s most important central bankers, one should listen carefully. Because that is indeed what matters in this world: how to manage the inevitable structural change without making serious macroeconomic mistakes.
Fake News
James Cusick and Crina Boros: How a GM giant ‘bought control’ of what millions of Londoners read
Paid journalism. This problem is increasing. As media’s sole concern is profit, the product becomes irrelevant. Thus the demise of corporate media and their calls for state support Read here
Corruption
BBC: US airlines used up spare cash buying back shares
Over years we have read how corporations have stopped investing, instead buying back shares to drive up the price of their, thus enriching the rich and the managers. Now they want us to bail them […]
EU politics
Binoy Kampmark: Europe prepares for war
On March 6, the Special European Council saw 27 leaders of the European Union discuss the Russia threat and promote a strategic vision of disconcerting militarism. European Commission President Ursula von der Leyen had announced […]
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