The current position of the US government has biased their stimulus spending towards the corporate sector and high income earners.
Economics
Chris Dillow: The full employment question
“Never mind the public finances. Look after the economy and the deficit will look after itself.” For years, critics of George Osborne such as me echoed Keynes’ old line. At last, the Tories are, by […]
EU politics
Reuters: U.S inquiry deepens Danske money-laundering crisis
Why are corrupt EU banks so afraid of US investigations, but appear not to be concerned about consequences from the EU? 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
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