One country that symbolised the crisis of the last 10 years was Greece. Its insolvency embarked the country on a long regime of bail-outs and austerity. This August, Greece officially emerged from the crisis, with […]
Book review by David Shirreff The problem outlined in this book has deep roots and it shows no signs of going away. The “finance curse” pervades many Western economies, from tiny tax havens to big […]
This is excellent. In it Richard discusses with Patricia Pino and Christian Reilly what the UK government deficit actually is, Corbynomics, Labour’s Fiscal Credibility rule and the difference between fiscal policy and monetary policy. Listen […]
Acutally a book review, but it gets to the point very quickly. Read here
Bernie Sanders is right: we need to rein in the big banks. But we shouldn’t just break them up — we should socialize them. Read here
Even if the Chinese economy merely slows down global trade deceleration will continue and if, in addition, the global trade war escalates, global economic conditions could deteriorate rapidly. Italy will face the ill-effects of a […]
The nation-state remains the best foundation for capitalism, and hyper-globalisation risks destroying it Read here
Once again we are posting an article about how governments finance themselves. We do this because most people in the EU still believe that taxes are the source of government spending. It is not. In […]
Alexis Tsipras’s government promised to end austerity. Now it’s defending the banks against people evicted from their homes — and persecuting those who protest. Read here
The fight against corruption depends on whether it wins votes. Read here
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