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Finance

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EU politics

UNOG: SWITZERLAND NEEDS TO STEP UP WORK TO CURB ILLICIT FINANCIAL FLOWS – UN EXPERT

October 15, 2017 Mathew D. Rose 0

The UN is always very diplomatic in its criticism, thus this is saying that Switzerland is continuing its old money laundering and tax regime practices . With regard to money laundering they write: “It is […]

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Finance

Steve Keen: What would economics look like if it had succeeded?

October 15, 2017 Mathew D. Rose 0

Steve Keen’s newest frontal attack on neo-classical economics. You can follow Steve at his blog PATREON  

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Corruption

João Paulo Batalha – Corruption in Portugal: The mighty have fallen – the elite’s day of reckoning

October 12, 2017 Mathew D. Rose 0

A prime minister, a banker, the heads of the top telecom company, construction moguls, assorted friends and family. Portugal’s biggest corruption case ever is a veritable who’s who of the nation’s political and business elite. […]

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Climate Crisis

Jason Hickel – Why less is more

October 12, 2017 Mathew D. Rose 0

GDP has become a fetish. This obsession with major GDP growth makes reducing CO² impossible. The other downside is that GDP growth mainly ends up enriching the 1 %. The solution lies in re-distribution. There […]

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EU politics

Yanis Varoufakis and James K. Galbraith: Why Europe Needs a New Deal, Not Breakup

October 12, 2017 Mathew D. Rose 0

“The EU is facing a crisis of legitimacy – but retreating to the nation-state will only benefit the far right.” The authors set out a plethora of programmes to save the EU. Read here  

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Finance

Jason Hickel: Want to avert the apocalypse? Take lessons from Costa Rica

October 12, 2017 Mathew D. Rose 0

Today, Costa Rica is a thorn in the side of orthodox economics. The conventional wisdom holds that high GDP is essential for longevity: “wealthier is healthier”, as former World Bank chief economist Larry Summers put […]

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Finance

Bill Mitchell: Prime Minister Corbyn should have no fears from global capital markets

October 12, 2017 Mathew D. Rose 0

Initially Mitchell rambles a bit, but eventually he arrives at his topic, controlling capital flows. Read here    

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Finance

The Real News: UK Household Debt has Reached Unsustainable Levels

October 12, 2017 Mathew D. Rose 0

Consumer and student debt in the UK have reached unprecedented levels and are a warning that austerity could lead to a new financial crisis, explains Positive Money’s economist Edward Smythe in this interview for The […]

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EU politics

Heikki Patomäki – On the conditions of successful social democratic alternatives

October 12, 2017 Mathew D. Rose 1

Globalisation has ravaged the economies and societies in the industrialised world. Uneven growth and deindustrialisation are causing political turmoil. The left, trapped in a limited territorial state, is likely to fail even if it wins […]

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Finance

Michael Roberts: Beware the ECB bearing gifts for Greeks

October 11, 2017 Mathew D. Rose 0

In 2012 the ECB purchased massive amounts of Greek bonds from German and French banks to save them from going under, they having recklessly purchased these bonds. Greece has continued to pay interest on these, […]

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Book Reviews

Austerity

Heterodox Challenges in Economics by Sergio Cesaratto

February 24, 2021 0

Book Review by Mathew D. Rose I never thought that I would describe an economics book as “a delightful read”, but “Heterodox Challenges in Economics” by Sergio Cesaratto is exactly that. It is well written, […]

Corruption

Kleptopia: How Dirty Money is Conquering the World by Tom Burgis

January 27, 2021 0

Book Review by David Shirreff First, the good news. This is undoubtedly a useful book. It is a mine of information and anecdote, cleverly told, about the kleptocrats who apparently move untroubled around the world […]

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