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Financial Institutions

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EU politics

Politico: Deutsche Bank deflects EU lawmakers’ questions in money laundering probe

February 6, 2019 Mathew D. Rose 0

They will not be able to do this in front of the US congress. Just like Volkswagen and other German car makers, Deutsche Bank needs not respect EU lawmakers. This is the advantage of being […]

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Economics

Ann Pettifor – Capital controls vs exchange controls: a brief review

January 31, 2019 Mathew D. Rose 0

Confused by the recent debate around capital and exchange controls? PEF Council member Ann Pettifor explains the crucial difference between the two, and the role capital controls would play in a progressive economy. Ann Pettifor […]

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Austerity

Ann Pettifor – They think it’s all over

January 31, 2019 Mathew D. Rose 0

On Labour´s attempt to forge a reputation for economic competency based on new economics: What does it mean? Has it worked? Can Labour escape the balancing the household books narrative? Is austerity economics really over?

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Economics

David Adler and Yanis Varoufakis: The World Bank and IMF are in crisis. It’s time to push a radical new vision

January 31, 2019 Mathew D. Rose 0

The exit of Jim Yong Kim offers a chance to put the Bretton Woods institutions in the service of the many, not the few Read here

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Economics

Heikki Patomäki – Uncertain Future of the EU: The Role of Reflexive Anticipations

January 31, 2019 Mathew D. Rose 0

“The EU system of governance is thus premised on false beliefs that it then reproduces in a self-fulfilling manner. We should evaluate negatively institutions that are responsible for the re-production of false beliefs and their […]

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Austerity

Kevin Farnsworth and Zoë Irving – Austerity politics, global neoliberalism, and the official discourse within the IMF

January 28, 2019 Mathew D. Rose 0

Is austerity a ‘dream come true’ for neoliberals, or did the global financial crisis force policymakers to question neoliberalism’s core principles and change direction? Focusing on speeches by members of the International Monetary Fund, Kevin […]

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Economics

Renegade Inc: Public Private Partnership: PFI – A Fraud on the People

January 27, 2019 Mathew D. Rose 0

Successive British governments have used the Private Finance Initiative since the early 90’s to fund infrastructure and public spending – but the scheme has always been controversial. The public/private partnership was supposed to create efficiency […]

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Economics

Ashoka Mody – On the euro’s 20th birthday, Draghi’s tribute perpetuates long-refuted myths”

January 25, 2019 Mathew D. Rose 0

The problem with the EU and Euro is that they are based on lies under the presumption that if repeated often enough, they will become reality. This worked well for a while, but as Abraham […]

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Climate Crisis

Ann Pettifor: The Latent, Unused Power of Citizens and the Production of Public Collateral

January 24, 2019 Mathew D. Rose 0

Taxpayers have agency over global financial markets…they subsidise, embolden and enrich centres of financial power like those of Wall St and the City of London. A long read, but well worth it. Read here

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Corruption

ProPublica: Why Aren’t Hedge Funds Required to Fight Money Laundering?

January 24, 2019 Mathew D. Rose 0

A long-standing effort to make big investment funds abide by the same rules that banks and brokerages follow has bogged down. The fund industry says it supports the rules — it just has a few […]

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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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