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HomeFinancial Institutions

Financial Institutions

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Economics

Michael Roberts – Ukraine: trapped in a war zone

February 14, 2022 MDRose 0

Ukraine is politically and economically a basket case, controlled by a corrupt oligarchy solely interested in extracting wealth and a political class keen on getting the crumbs that fall from that table. The only thing […]

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Economics

Steve Keen, Phil Dobbie – Time for a monetary reset?

February 14, 2022 MDRose 0

A society riddled with debt is a society that is reluctant or unable to spend. A lot of that debt has now found its way into housing, with mortgages higher than ever. That’s money we’re […]

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Climate Crisis

BBC: Big banks fund new oil and gas despite net zero pledges

February 14, 2022 MDRose 0

Who would have thought: Big banks are pumping billions into new oil and gas production despite net zero pledges, campaigners have said. Read Here

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Economics

Joseph Stiglitz, Kevin P. Gallagher: IMF surcharges: A lose-lose policy for global recovery

February 8, 2022 MDRose 0

The IMF has imposed significant surcharges on countries that have had to undertake large borrowings and are unable to pay their debts back quickly. These surcharges are pro-cyclical financial penalties imposed on countries precisely at […]

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Climate Crisis

GPEnewsdocs – James K. Galbraith: Resource Limits to American Capitalism and the Predator State Today

February 8, 2022 MDRose 0

James K. Galbraith discusses the shift of US capitalism from an industrial state to what he calls a predator state: a finance-led, military-centered corporate republic that continues to prevail. To overcome it, he lays out […]

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Economics

Bill Mitchell: Bank of England Governor just didn’t go far enough

February 7, 2022 MDRose 0

Bill Mitchell examines the policies of the Bank of England Governor Andrew Bailey Read Here

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Economics

Richard Murphy – Reversing QE could be a recipe for economic disaster

February 6, 2022 MDRose 0

This is a long, but highly interesting piece explaining central bank policy in raising interest rates. Richard Murphy is an economic justice campaigner. Professor of Accounting, Sheffield University Management School. Chartered accountant. Co-founder of the […]

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Climate Crisis

The Dig: Daniela Gabor and Ndongo Samba Sylla on how financial power has shaped the global economic order from colonialism through Bretton Woods, the Washington Consensus, and today’s Wall Street Consensus.

February 5, 2022 MDRose 0

Explains how our global economic systems link up with the political ones, from the IMF’s structural adjustment to “public-private partnerships” Listen Here  

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Economics

Bill Mitchell: RBA rejects theory that interest rate rises cure Covid and make trucks go faster

February 2, 2022 MDRose 0

“There was an important speech delivered by the Governor of Australia’s central bank today that reveals the reasons that the RBA is once again refusing to be bullied into increasing interest rates rises by the […]

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Climate Crisis

George Monbiot – Carbon Colonialism

February 1, 2022 MDRose 0

Predatory corporations are making a mockery of natural climate solutions, as they grab land and bamboozle the public. Read Here Photo: Σ64  licensed under the Creative Commons Attribution 3.0 Unported

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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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