Economics
Paul De Grauwe and Yuemei Ji: Financial engineering will not stabilise an unstable euro area
If you can get through it, there are some interesting points made. Read here
Financial Institutions
Finance
The Week: How vulture capitalists ate Toys ‘R’ Us
Amazon may have contributed to the demise of Toys R Us , but the real killer was private equity Read here
Finance
The hunt for Toys R Us’ missing millions: Investigators probe a £580m loan moved to a tax haven just months before the store went bust
As usual, in the end we shall discover that this was “completely legal” and the pension fund will be left with a massive deficit. Read here
Austerity
Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World by William Mitchell and Thomas Fazi
Book review by Mathew D. Rose According to Bill Mitchell the book’s original title was “Reclaiming the Nation State”. The progressive publisher wanted the word nation removed. The term “Nation State”, claimed the publisher, was […]
Austerity
Michael Mair – Fateful (Dis)Junctures, An Update on the UK’s University Strike
The university strike in UK has seen some dramatic developments this week. In his third report (read the first here the second here) Michael Mair brings us up to date. Dr Michael Mair is a […]
Austerity
Thomas Piketty: Towards a Union in the Union
“The threat to the world today is not a trade war but a social war, conducted by means of aggressive policies of fiscal dumping which benefit the wealthiest and the most mobile.” Read here
Corruption
d@w Exclusive: Michael Hudson on Junk Economics update 2017
An excellent interview with Michael Hudson. The interview starts with Trump, but quickly moves on.
Austerity
www.parliament.uk: Carillion paid out £6.4mill to advisors before £10mill taxpayer bailout
The collapse of Carillion, one of the UK’s largest leading construction and service companies, has resulted in important analyses concerning transferring public services to private companies. One of its directors claimed that putting money into […]
Corruption
Richard Murphy – Guess who won from the Global Financial Crisis?
We have one tax scandal after the other. Not only do things not improve, they get worse. Richard Murphy is Professor of Practice in International Political Economy, City University of London. He campaigns on issues […]
Austerity
Steve Keen – Has Europe really recovered?
I cover “the usual” in my talk itself: the empirical data that screams that credit plays an essential role in macroeconomics, the a priori reasons that mainstream economists ignore it, why this is logically wrong […]