The massive fines levied against the investment funds have been interpreted as a “declaration of war” from Mayor Ada Colau, who wants more affordable housing.
Economics
Chris Dillow: THE POLITICS OF DEBT FETISHISM
Politics is dominated by a “lumpen intelligentsia”: “earnest types who enthuse about ideas, simplify them and believe fervently that their crude and wholesale application will solve complex social problems.” Read here
Economics
Thomas Piketty: Confronting racism, repairing history
The wave of mobilisation against racism and racial discrimination poses a crucial question: that of reparations for a past history involving slavery and colonisation. This is an issue which has still not been fully confronted. […]
Corruption
Bloomberg: The Hypocrisy of Outrage Over Danske Bank
The fight against corruption depends on whether it wins votes. Read here
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