Economics
Bill Mitchell: ECB continues to play a political role making a mockery of its ‘independence’
Bill Mitchell debunks the myth of the technocratic and independent role of the Europen Central Bank. Read here
Financial Institutions
Economics
Ashoka Mody: Italy never should have joined the euro, and the ECB can’t rescue it from its next crisis
Mody’s analysis is not new, but cannot be repeated often enough. The Euro was a project that should never have occurred, and was organised by those who had ulterior motives, not the well-being of their […]
Finance
The Politics of Financial Risk, Audit and Regulation: A Case Study of HBOS by Atul K. Shah
A book review by Prabhu Sivabalan In The Politics of Financial Risk, Audit and Regulation: A Case Study of HBOS, Atul K. Shah examines the HBOS collapse of 2008, and uses it as a platform to […]
Economics
Dani Rodrik: How Democratic Is the Euro?
“Too often, international economic commitments serve not to fix democratic failures at home, but to privilege corporate or financial interests and undermine domestic social bargains. The European Union’s legitimacy deficit derives from the popular suspicion […]
Economics
Richard Murphy – Modern Monetary Theory: economics for an economy focussed on meeting the needs of most people
We have been trying to introduce Modern Monetary Theory to our readers. There is no one who explains it better and clearer than Richard Murphy. It is really not that difficult or esoteric. It is […]
Austerity
Yanis Varoufakis – Greece, Germany and the Eurozone
When one views the current political situation in Italy, this lecture has a special relevance. It analyses how Germany crushed Greece, Ireland, Spain and Portugal and offers a way out of the current EU crisis.You […]
Economics
Richard Murphy – Switzerland: The battle for money has begun
Today Switzerland is holding a referendum concerning banking and the creation of money. BRAVE NEW EUROPE is posting two contrary articles in response to a piece in the Financial Times by MartinWolf on the topic […]
Economics
David Shirreff – Positive Money severely tested in Switzerland: A welcome debate on reforms to the way credit is created faces a Swiss vote
Today Switzerland is holding a referendum concerning banking and the creation of money. BRAVE NEW EUROPE is posting two contrary articles in response to a piece in the Financial Times by MartinWolf on the topic […]
Economics
Luigi Zingales : The Italian president’s decision to reject an elected government makes neither economic nor political sense.
In the 20th century, when electoral results did not please the established elite and its international allies, tanks rolled down the street. In the 21st century, the reaction is less bloody, but no less intrusive. […]
EU politics
eurodad – Debt justice prevails at the Belgian Constitutional Court: Vulture funds law survives challenge by NML Capital
This court ruling is not to be underestimated. What happened it Argentina was one of the great financial scandals of this decade – supported by US courts in service of US financial corporations. Something has […]