” The problem is that the senior managers, the auditors and the Board are not in prison and have not even suffered any financial loss.” Simon Wren-Lewis tells it like it is.
Read here
Simon Wren-Lewis: A rotten corporate culture
Economics
L. Randall Wray, Stephanie Kelton: Magical Monetary Thinking at the Fed Killed SVB
An historical review of Federal Reserve Policy since WWII Read HERE
Environment
George Monbiot: Holey Ghosts
Powerful evidence suggests that fishing fleets are deliberately dumping their used nets and lines at sea, threatening the complete collapse of marine ecosystems. Read Here Photo: Tim Sheerman-Chase licensed under the Creative Commons Attribution 2.0 […]
Finance
Michael Roberts – Economic crises: look to science or the rain gods?
“Recently, mainstream economists have debating yet again why ‘economics’ was unable to see the global financial crash coming and/or provide effective policies to end what I have described as the Long Depression that has endured […]
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