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
“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 […]
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 […]
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 […]
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 […]
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
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 […]
In 2008, collectively, we had the opportunity to reboot a broken financial system so that it became fit for purpose. But instead of reconfiguring it to serve the real economy, politicians and central bankers used […]
A Commerzbank merger would make a mockery of the EU’s hopes to avoid lenders that are “too big to fail” – and the bloc’s plans for a banking union. Read here
This year the eurozone turns twenty. If the first ten were characterized by a complex start-up phase in search of an internal balance, the second decade has been marked by a crisis that has not […]
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