Professor Mark Blyth and Professor Adam Tooze explore how coronavirus is laying bare the hidden risks embedded within our financial systems and how central banks worldwide are scrambling to paper over those chasms of danger. To them, it seems that the Federal Reserve has rewritten its remit, and they discuss how rather than try and keep prices stable or keep unemployment low, the sole focus of the Fed right now seems to be supporting asset prices at any cost, even if that means bailing out leveraged entities who took on too much risk. They also discuss Europe and how this crisis is heightening the contradictions within the Eurozone and pushing the European banking system to the brink. Filmed on April 22, 2020.
As a way of continuing David Graeber’s challenging of society’s myths after his death, his widow Nika Dubrovsky has established both the “Museum of Care“, which curates David’s works, and debates his thought and those […]
Welcome to this special extended edition of the April 2019 Taxcast, broadcast from the tax haven of Jersey In this special extended edition of the April 2019 Taxcast, broadcast from the tax haven of Jersey:– […]
It was Victor Hugo who said that all the forces in the world are not so powerful as an idea whose time has come. In the US, inequality and collapsing capitalism means the idea of […]