The grass is always greener on the other side of the fence – or the English Channel. Anyone who has experience with German Landesbanks, Sparkassen, or KfW knows that they are far from perfect. In […]
Book review by Mathew D. Rose Steve Keen has a credential that few macro-economists can boast of: He foresaw the coming of the financial crash of 2007. In his latest book, “Can we avoid another […]
As a new financial crisis threatens the world, actors of the radical Left will convene at the fifth Plan B summit to save Europe from the neoliberal regime leading it to the abyss. Olivier Tonneau […]
Brexit is going in directions that no one even contemplated before the referendum – Britain rethinking its economic future. This is not the stuff of ultra-conservatives and racists, but a left that is discovering that […]
We have posted a number of technical pieces refuting neo-classical economics. In the past two days we had two articles cross-posted from Progressive Pulse here and here which demonstrate this is practice. Both were in favour of […]
Ín 2014 Portugal’s Central Bank bailed out the Banco Espírito Santo, S.A with 4.4 Billion Euros. Banco Espírito Santo, was, as so often the case when banks are “saved”, split into a bad bank with all […]
For some reason there still seems to be a discussion about if the wealthy have inordinately profitted from quantative easing (QE). Postive Money comes to the usual answer: unequivocally yes, Robin Hood in reverse as […]
There is so much white noise in the media concerning Brexit, almost all of it by people who have no idea of what is really going on behind the scenes. David Shirreff tries to make […]
Two non-economists explain the creation of money and what becomes of it. It is a strightforward piece for those who get bogged down by technical economic terms. They also explain why a government debt is not […]
Murphy believes there could well have been a sea change at the IMF and World Bank. It is however one thing to produce analyses and papers making the right noises, and the IMF arguing that […]
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