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HomeFinanceFinancial Institutions

Financial Institutions

Economics

The Paradox of Debt by Richard Vague

August 15, 2023 Mathew D. Rose 0

Book review by Steve Keen Very rarely do I review a book and find that the best way to convey its significance is to quote, verbatim, its first four paragraphs: In 2020, during the darkest […]

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Economics

James K. Galbraith: Why the Economic Doomsayers were wrong

August 14, 2023 Ben Wray 0

Interest rate rises in the US have neither been effective in reducing inflation nor produced a recession. So what is going on? Cross-posted from Common Dreams Back in 2021 and early 2022, a posse of […]

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Economics

Michael Hudson – Eleven Objectives of Neoliberalism

August 13, 2023 Mathew D. Rose 0

A series of lectures will be coming out of my relationship with Hong Kong’s Global University of Sustainability. These have been tiered to a Chinese audience, revealing another layer to my work.

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Economics

Angus Deaton: How Misreading Adam Smith Helped Spawn Deaths of Despair

August 10, 2023 Mathew D. Rose 0

A Nobel Prize–winning economist reflects on the dire consequences of libertarian economics. Read HERE

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Climate Crisis

Macro & Cheese – Jason Hickel: The Double Objective of Democratic Ecosocialism

August 8, 2023 Mathew D. Rose 0

Listen HERE The title of this week’s episode is taken from an article to be published in September’s Monthly Review. The author, Jason Hickel, talks to Steve about the topic in his third visit to […]

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Economics

David Spencer, Muhammad Ali Nasir – UK interest rates: crashing the economy is no way to bring down inflation

August 7, 2023 Ben Wray 0

The Bank of England is deliberately seeking to make households poorer and increase unemployment through its blunt, ineffective rate-rise policy. David Spencer is Professor of Economics and Political Economy at the University of Leeds. Muhammad […]

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Economics

Bill Mitchell: No change in monetary easing from Bank of Japan until wages growth increases

August 3, 2023 Mathew D. Rose 0

So there is no hint of a return to the position that other central banks have taken. The Bank of Japan is firmly committed to providing ‘expansionary’ conditions to encourage growth in wages, which they […]

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Economics

Rohinton Medhora – As the Ukraine War Drags On, It’s Time to Reassess the Impacts of Sanctions

August 2, 2023 Mathew D. Rose 0

The bundle of sanctions was initially designed and imposed in haste, with little basis to assess historic performance. Rohinton P. Medhora is a distinguished fellow and former president of the Centre for International Governance Innovation […]

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Climate Crisis

LabourNet TV – Kohei Saito: Climate Crisis and Ecosocialism

July 31, 2023 Mathew D. Rose 0

Watch HERE “We need to really challenge global capitalism as a world system.” (from the video) Renowned Marxist theorist and author of the best-selling book ‘Capital in the Anthropocene’, Kohei Saito discusses the three responses […]

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Economics

Radhika Desai, Michael Hudson, Pepe Escobar – NATO Moves to Bait China

July 30, 2023 Mathew D. Rose 0

How NATO has shifted from its proxy war against Russia in Ukraine to targeting China in the Pacific Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall […]

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Book Reviews

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Climate Crisis

Ben Wray: The Ministry for the Future – book review

September 25, 2023 0

Kim Stanley Robinson’s acclaimed climate novel (2020, Orbit Books) has been praised far and wide, from Andreas Malm to Barack Obama. Robinson tells a gripping story about what our near future may look like, underpinned […]

EU politics

Eurowhiteness: Culture, Empire and Race in the European Project by Hans Kundnani

September 23, 2023 0

Book Review by Peter Ramsay Liberals and leftists were quick to denounce the vote to leave the EU as an expression of racist nationalism. It was a lazy slander for which there was little evidence […]

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