Economics
Larry Elliot: The value of the customs union to the UK is overrated
It’s seen as a key part of a soft Brexit, but in reality the union has not provided much of a boost to trade of goods with the EU Read here
Finance
Economics
Bill Mitchell: The effectiveness and primacy of fiscal policy – Part 3
“This is the final part of my three-part series on the why I have confidence in the primacy of fiscal policy over monetary policy and eschew any proposals, by other Modern Monetary Theory (MMT) advocates […]
Finance
Vox: Elizabeth Warren wants CEOs to go to jail when their companies behave badly
If the EU introduced a similar law they would have to start a programme for building new prisons. The City of London would fill one or two, Volkswagen and Deutsche Bank one as well. Read […]
Economics
Adam Leaver and Daniel Tischer – Attack of the CLOnes: the return of complex debt instruments
CDOs’ were widely blamed for fuelling the financial crisis. Now similar instruments called ‘CLOs’ are in the ascendance. Is it time to start worrying? Adam Leaver is a senior lecturer in Financial Innovation and Business […]
Economics
Politico: How EU milk is sinking Africa’s farmers
A long, but interesting article. Amazing are the hypocritical statements of EU officials. The most important policy to enable Africans to remain at home and not have to emigrate in search of an existence, is […]
Economics
Brendan Maton – Branko Milanovic: Inequality in a meritocratic capitalist world
The recent university scandal in the USA is just another example of how the rich can secure their children success, although there may be little talent behind this. Read here
Economics
Heiner Flassbeck – Spain’s GDP: growing and growing and growing?
What looks big is sometimes less big than you think if you look more closely. Spain’s gross domestic product could well be such a pseudo giant. Why it is growing at such an incredible rate […]
Economics
Bill Mitchell – The effectiveness and primacy of fiscal policy – Part 2
“This is the second part of a three-part series discussing the political issues that give me confidence in the primacy of fiscal policy over monetary policy.” Read here
Economics
Katie Kedward – Why It’s Time to Abandon the Myth of Central Bank Independence
Monetary policy should serve the interests of people and planet, not free market ideology. Katie Kedward is a Postgraduate student in Ecological Economics Cross-posted from Open Democracy On 23 October 2008, the former Federal Reserve […]
Economics
Michael Roberts – The Long Depression: Getting longer but lower
Michael Roberts analyses the world economic develpments of the first quarter of 2019 Michael Roberts – Economist in the City of London and prolific blogger Cross-posted from Michael Roberts Blog The first three months of […]