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Brave New Europe

Brave New Europe

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HomeFinancial Institutions

Financial Institutions

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EU politics

Peter Bofinger – The digital euro: a flawed concept doomed to flop

December 19, 2022 MDRose 0

While there is an urgent need to develop a competitive European payment system, the idea that it must be based on a ‘digital euro’ is a mistake Peter Bofinger is professor of economics at Würzburg […]

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Corruption

Thomas Ferguson, Paul Jorgensen, and Jie Chen – Bankman-Fried, Political Money, and the Crash of FTX

December 18, 2022 MDRose 0

This is how democracy works these days Thomas Ferguson is Professor Emeritus, University of Massachusetts, Boston Paul Jorgenson is Associate Professor and Director of Environmental Studies, University of Texas Rio Grande Valley Jie Chen is […]

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EU politics

Uuriintuya Batsaikhan and Jan Musschoot – The gifts that keep on giving: Banks’ windfall profits as a consequence of ECB rate hikes

December 16, 2022 Ben 0

Banks are making massive profits on European Central Bank interest rate rises, with German and French banks making the most Cross-posted from Positive Money Europe THE ECB is expected to pay around €40 billion in […]

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Economics

Guy Standing – The Era of Rentier Capitalism

December 14, 2022 MDRose 0

By the end of the twentieth century, the global economy and global society had become dominated by Big Finance Guy Standing is Professorial Research Associate at the School of Oriental and African Studies at the […]

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Economics

Bill Mitchell: The poorest nations are increasingly beholden to the hedge funds

December 13, 2022 MDRose 0

At the end of 2021, low- and middle-income economies owed 61% of their public and publicly guaranteed debt to private creditors — an increase of 15 percentage points from 2010 Read Here Photo: Jim.henderson via […]

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Financial Institutions

David Shirreff – In Praise of Ringfencing

December 11, 2022 David 0

Financial regulators seem close to weakening on the ringfencing of retail banks from investment-banking groups. They should think again. David Shirreff is a financial writer formerly with The Economist Investment bankers have their uses, but […]

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Economics

Frances Coppola – Snake oil sellers in the stablecoin world

December 11, 2022 MDRose 0

Frances has been debunking one crypto scam after the other (and was slandered every step of the way), predicting the various crises. Here the newest. Frances Coppola is the author of the Coppola Comment finance and economics blog, […]

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Economics

Wolfgang Streeck – Contradictions of Capitalism: Past and Present

December 10, 2022 MDRose 0

The wellbeing of a capitalist society depends on the endless accumulation of privately owned capital. This requires a replacement of input-minimising by output-maximising rationality. One result is a fiscal crisis of the state, due to […]

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Deregulation

Michael Hudson – Oligopoly Unchecked

December 10, 2022 MDRose 0

A long weekend read covering a lot of essential economic and political terrain. Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research […]

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Economics

Shaun Richards: Is Blackstone the canary in the commercial property coal mine?

December 4, 2022 MDRose 0

Overnight we have perhaps seen a signal of something that worried us for some years. Read HERE Photo . Jim.henderson Wikimedia Commons  

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Book Reviews

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Economics

Designing Global Economic Equality: The Making and Unmaking of Global Egalitarian Policies at the United Nations by Christian Christiansen

June 11, 2026 0

Reviewed by Branko Milanović The just published book by Christian Christiansen Designing Global Economic Equality: The Making and Unmaking of Global Egalitarian Policies at the United Nations provides an intellectual review of the history of […]

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Economics

Shared Prosperity in a Fractured World: A New Economics for the Middle Class, the Global Poor, and Our Climate by Dani Rodrik

May 8, 2026 0

Book Review by Walden Bello Dani Rodrik has impeccable credentials as an economist. He is an expert in many areas, including trade and development, and is one of Harvard University’s leading lights. In recent years, […]

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