Climate change is a major finacial risk. Central banks acknowledge that. Why are they not doing anything about it? By Rob Macquarie, who leads Positive Money’s research on climate policy and the monetary system. Cross-posted […]
“This era of capitalism is already a dead parrot.” Thus ends the article. All before it is just as straightforward – and that in a newspaper that is not lefitst! Read here
The IMF claims to have learnt from its mistakes and writes lovely papers criticising its own policies of the past. Still they have not swerved an inch from their traditional policy of brutal austerity. Read […]
There was absolutely no reason for Mario Draghi to be there – and many against his participation. The decision of the European Ombudsman to ask the European Central Bank President to end his membership of […]
Wrong! It is not only governments that create money. Financial institutions such as banks do too. Who controls the economy and how? Here some answers to the questions. Lino Zeddies is an economist Cross-posted from […]
Since the 2008 crisis, HSBC has been involved in countless scandals: Money laundering for drug cartels, corruption, tax fraud… And yet the international bank escapes justice with insignificant fines. Why are they “too big to […]
This piece is about one of the biggest taboos of our times: We are living in an inverse welfare state. The people getting the biggest handouts are not down around the bottom, but at the […]
Is a neoliberal dream being reborn in Latin America? It’s not got off to the best of starts… Nick Dearden is director of Global Justice Now. Cross-posted from openDemocracyUK ‘Latin America returns to the […]
If you can’t beat them (not in the literal sense as was the case at the G-20 in Germany recently), then forbid them Read here
What is ECB President Mario Draghi doing in the Group of Thirty (G 30), an international body of leading financiers and academics? The ECB is not terribly cooperative in answering this question. Norbert Häring is […]
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