The only stabilizing that a capitalist market economy needed, Friedman said, was of the price level. Provided that inflation was controlled by independent central banks and government budgets were kept “balanced,” economies would normally be […]
EU blacklist adds Cayman but addresses only 7% of global financial secrecy, but EU policy is still based upon hypocrisy, as well as aiding and abetting. The Tax Justice Network is an independent international network […]
When corruption sets in, the fish rots from the head: in this case recent actions of the World Bank carry a whiff of something not quite right! Read here
In a radical call for reform of the IMF’s pro-creditor and anti-growth approach to indebted countries in Africa, Ndongo Sylla and Peter Doyle argue that the continent has a choice to make. Creditors, using the […]
Africa is of course not part of our remit, but this is clear case of neo-colonialism, in which not only France is involved, but also the euro and the International Monetary Fund. Francisco Perez is […]
Fed interventions intensified at the beginning of December, and may in fact be the seed of an emergency programme to make up for the lack of liquidity among some financial institutions. Juan Laborda teaches Financial […]
Financial groups have become extremely powerful forces in the financial world. There is no control, as they appear to have become a law unto themselves. BlackRock alone purportedly now oversees $7.4 trillion of assets. That’s […]
Rentiers and financialisation. Workers are stuck between a rock and a hard place. The authors look at how financialisation have affected wages. It is not as dry a topic as it might first seem. Karsten […]
This is the third part in Bill Mitchell’s series. You can read Part 1 here and Part 2 here. Read here BRAVE NEW EUROPE brings authors at the cutting edge of progressive thought together with […]
Jens Berger, editor of the popular progressive German Website “NachDenkSeiten“, has just published an eye-opening book on the power of the three asset management giants BlackRock, Vanguard and State Street (in German). Norbert Häring was […]
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