The latest information from Japan suggests that in December 2023, its inflation fell sharply for the second consecutive month and that one might conclude the inflation episode is coming to an end. The Bank of Japan made the assumption that this supply-side inflation was temporary and would subside fairly quickly once those constraints eased. And they were right
Economics
Prem Sikka: Six ways to sort out sky-rocketing executive pay
One of the author’s of Labour’s new policy paper on executive pay sets out how to rein in the fat cats. Read here
Corruption
Prem Sikka: The UK’s financial regulators are presiding over widespread corporate failure
As we are probably heading into the next financial crisis, afterwards there will be the great outcry concerning the lack of regulation. It never went away following the last financial crisis. Read here
Economics
Bill Mitchell: Corporate welfare abounds
A couple of examples of why corporations can do what they want. Read here
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