They are not only above the law, they seem to make it. The big four auditing companies, PwC, Ernst & Young, KPMG, and Deloitte, provide frauds and fiddles, the production of questionable and false company […]
Neo-liberalism has been so successful, among other reasons, that most people do not understand economics. Austerity would never have been possible with well-informed citizens. Positive Money is trying to disseminate knowledge concerning money – something […]
Two members of the European Central Bank Board of Governors are being investigated for corruption: Yannis Stournaras of Greece and now Ilmars Rimsevics of Latvia. Both are heads of their nation’s central banks. Maybe the […]
It’s a funny old world – or one in which lies are formed into a reality to ensure power. Read here
John Weeks explains why one does not need an economist to understand economics, why austerity in Britain was and is unnecessary, the importance of gilts in a society, and lots more.
Surrealism is king! Germany and other European neo-liberal policy makers are trying to take control of Italy’s finances. As usual, neo-liberal economists are there to help. Sergio Cesaratto is Professor of Growth and Development Economics […]
Nick Shaxson provides a good introduction to the opaque world of tax havens. Read here
Lies, damned lies, and statistics. Mark Carney, the Bank of England’s Governor misused data to claim that in Britain the “poorest have gained the most” from the Bank’s quantitative easing programme. The newest statistics prove […]
There is a magic money tree! Governments need neither tax nor borrow to spend. They can create money – and lots of it. £435 billion was created for quantitative easing in Britain. Listen here
Who runs Europe? The people? Not on your life. As a raft of renowned experts write, the new members of the European Central Bank, in the meantime a powerful institution, will be selected in secret […]
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