15 September will be the tenth anniversary of the crash of Lehmann Brothers Bank in the US. Have we really learnt anything or changed the banking systen? Richard Murphy is Professor of Practice in International […]
“We’ve confused rent with profits, value extraction with value creation.” Read here
Who was accountable and who is accountable to the Greek people? European handling of the Greek crisis takes economic colonialism to a twenty-first-century high-water mark. Ashoka Mody is a visiting professor in international economic policy […]
The single currency’s design isn’t perfect. But what’s really hampered its first 20 years, says Adam Tooze, are decisions freely taken by power-hungry men in Frankfurt Read here
Next month, the UN Human Rights Council (HRC) will consider the first draft (“Draft Zero”) of a new treaty on the human rights responsibilities of corporations. It it has already been criticised for key shortcomings […]
Larry Elliot´s analysis is somewhat short-sighted. The mainstream media played a crucial role in keeping many critical voices and opinions out the discourse. We see this daily as the newspaper where Elliot writes, the Guardian. […]
Long but interesting analysis of the current state of the Turkish economy. Read here
Having lost much business due to new banking rules with regard to illicit money, Switzerland is looking for ways to regain lost business by dreating new legal loopholes. Read here
A mix of distorted incentives, ignorance, confusion, and lack of accountability maintain a dangerous financial system Read here
Steve Keen discusses the nature of debt, why home prices will fall, and why the regulators and authorities are unable to disassemble the debt bomb.
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