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Financial Institutions

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Climate Crisis

Larry Elliott: How the Green New Deal was Hatched in a London Bar

April 23, 2019 David Shirreff 0

Addressing a double whammy: in 2007, over a friendly drink, the Guardian’s economics editor, Larry Elliott, came up with a radical plan to combat the effects of the financial crisis and climate change. He called […]

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Economics

John Weeks and Jeremy Smith – Economic Guidelines for a Better European Union

April 22, 2019 David Shirreff 0

The existing European Treaty is dangerously disfunctional. Better guidelines would enhance rather than constrain economic policy. Here are some, including making the European Central Bank the reserve buyer of national public bonds John Weeks is […]

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Austerity

Stan Jourdan – European Central Bank reveals it made huge profits from the euro crisis

April 20, 2019 David Shirreff 0

Defending the euro actually showered profits on the European Central Bank – to the tune of 73 billion euros. But have the proceeds been fairly allocated? Stan Jourdan is head of Positive Money Europe Cross-posted […]

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EU politics

Sinn Féin: Carthy forces ECB to reveal it profited by 73 billion from eurozone misery

April 19, 2019 Mathew D. Rose 0

A Sinn Féin member of the European parliement, Matt Carthy, has exposed the fact that the European Central Bank made profits of 73 billion euros from the Securities Market Programme used to “aid” the peripheral […]

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EU politics

Common Space: Scotland should get rid of Mastercard and Visa and introduce national payment service

April 18, 2019 Mathew D. Rose 0

In the first of a two-part series, financial IT systems expert Peter Ryan writes for Common Weal on his latest policy paper, ‘Paying Our Way’. which advocates for the creation of a publicly owned payments […]

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Economics

Laura Basu – The ‘Washington Consensus’ is dead. But what should replace it?

April 16, 2019 David Shirreff 0

We need a new vision for global economic governance that is guided by the principle of subsidiarity. Laura Basu is a Marie Curie Research Fellow at Cardiff School of Journalism, Media and Culture. Cross-posted from […]

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Energy

Urgewald – World Bank Pumps Billions Into Fossil Fuel Projects

April 16, 2019 David Shirreff 0

A study commissioned by the German NGO Urgewald exposes the climate-damaging activities of the world’s most powerful development institution. Urgewald is a non-profit environmental and human rights organisation based in Germany Cross-posted from Urgewald Urgewald’s […]

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Corruption

Prem Sikka: The accountants’ laundromat: How Britain is still washing dirty money

April 14, 2019 Mathew D. Rose 0

British accounting regulators are scared of cracking down on laundering, writes Prem Sikka. Read here

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Austerity

Servaas Storm – How to Ruin a Country in Three Decades

April 13, 2019 Mathew D. Rose 0

As Italy enters its third recession in a decade, its austerity-fueled crisis is a warning to the Eurozone. Although a bit long, it is time well invested as Storm astutely analyses the current economic and […]

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Corruption

Bloomberg: KPMG, EY Reported to Police Amid Danish Laundering Probes

April 13, 2019 Mathew D. Rose 0

The big four auditing companies are caught up in almost every major financial scandal in Europe. Now in Denmark. Read here

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Book Reviews

Economics

Socialist Economics in Yugoslavia – A Critical History by Marko Grdešić and Mislav Žitko

December 3, 2025 0

Book Review by Branko Milanovic´ When on 28 June of 1948 Joseph Stalin wrote a latter on behalf of the Cominform to ask Yugoslavia’s communists to get rid of the “Titoist clique” and to return […]

Geopolitics

Complicit – Britain’s role in Israel’s genocide by Peter Oborne

October 29, 2025 1

Book Review by Martin Shaw Cross.posted from Declassified UK As British people have turned against Israel’s destruction of Gaza, leading figures in its present and former governing parties still deny that Israel has committed even […]

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