Rent is a redistribution of resources from those without power to those with it.
Read here
Finance
Tax Justice Network – New report: German-African research linking illicit and criminal financial flows with global poverty
That would be a bleak day for tax havens and financial institutions: “After our research it is obvious that Kenya and Zambia could do without development aid if they were able to tax justly and […]
Economics
Frances Coppola: Everything You’ve Been Told About Government Debt Is Wrong
A brilliant piece that demonstrates that the Swabian Hausfrau may be very efficent for the household, but has nothing to do with national finances. Read here
Austerity
Bill Mitchell – IMF actions in Ecuador expose its venal motivations
The IMF were clearly miffed that their ‘authority’ had been challenged by ordinary citizen movements Read here
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