Wren-Lewis discusses Tam Bayoumi’s recent book “Unfinished Business” concerning the Great Financial Crisis: “What this analysis by Tam Bayoumi convincingly shows is that finance always has to be carefully regulated, and failures in regulation can […]
In The Real News Network The European Central Bank (ECB) announced that it will reduce its cash injection program, known as quantitative easing, by half. Economist Heiner Flassbeck discusses the consequences this will have for […]
Pettifor doubts that the Bank of England had any good reasons to increase interest rates – other than to serve the financial interests in the City of London. Ann Pettifor is an Economist, director of […]
Well explained, simple to understand. Elliot looks at the consequences of the Phillips Curve not functioning. This would mean central banks have no idea what are the consequences when increasing their interest rates. Read here […]
Book review by Mathew D. Rose The subtitle of Jason Hickel’s book “The Divide” is something of an understatement. The book is neither brief, nor is it a guide. Instead Hickel has written a brilliant […]
The Bank of England’s quantative easing (QE) has resulted in a radical increase in inequality in the United Kingdom. Positive Money calls for a change in policy – QE for People – to roll back […]
The ECB is not going to help the Irish people. “Where the ECB does lavish largesse, it tends to be to the benefit of the corporate sector, including already loaded Irish companies like Ryanair, which […]
Interesting how often laws are either interpreted or “improved” to protect the interests of the 1%. Read here
Anat R. Admati holds a bachelor’s degree from Hebrew University in Jerusalem and a doctorate from Yale University, and is a professor of finance and economics at the Stanford Graduate School of Business. Her recent […]
Richard Murphy explains that while ending wealth distribution disparity may be a revolution, it need not be violent and can be achieved with a good dose of wealth taxation and a willingness to reject the […]
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