In a recent letter to the FT, 19 prominent economists suggested that there were better ways to boost the Eurozone economy and employment …
Archives for 2015
Bank Robbery: Inequality and the Banking System
Chapter 2 (You can read the Chapter 1 here) Extreme inequality is the main economic, political and cultural evil of our times. This chapter …
Why the failure of Kaupthing Edge teaches us nothing about full reserve banking (A response to Dow, Johnsen and Montagnoli)
In their paper "A critique of full reserve banking", Professor Sheila Dow, Alberto Montagnoli and Gudron Johnsen argue that the failure of …
Iceland: Fundamental reform of the monetary system must be considered
“Fundamental reform of the monetary system must be considered.” Says head of Iceland Parliament’s Committee for Economic …
As if being able to create money out of thin air was not enough…
Every week, new banking scandals and stories of corporate tax dodging are in the news. The existing system makes the banking sector’s life …
Better ways to boost eurozone economy and employment (FT)
It is time for the European Central Bank and eurozone central banks to bypass the financial system and work with governments to inject newly …
More investment in infrastructure without any increase in borrowing or taxes
The Director General of Britain’s primary business lobby group, Confederation of Business Industry CBI, says that the next …
Go to a hustings event and ask a question
A hustings is a public meeting that brings electoral candidates and voters together in the run up to an election. It provides an opportunity …
Is this the Type of Recovery we Need?
In his annual budget speech yesterday, Chancellor George Osborne (the UK’s finance minister) declared that UK economy looks like to be in …