Published by Promoting Economic Pluralism
Former ExxonMobil chief executive Rex Tillerson took the witness stand Wednesday in the company’s climate fraud trial and gave the clearest defense yet for his former employer. Tillerson denied that …
Rex Tillerson Testifies, Denying Exxon Misled Investors About Climate Risk Read More
Amid ultralow interest rates, corporations favor bonds to boost ROE Japanese corporate managers have learned to move away from stocks and embrace debt for fundraising. © Reuters TOKYO …
Japan’s public offerings in free fall as debt reigns supreme Read More
Anti-austerity protests have swept Sudan, Egypt, Algeria, Iraq, and now Lebanon. As’ad Abukhalil discusses how Lebanon is joining what seems like a second Arab Spring focused on a demand for …
Lebanese Join Growing Protest Wave Against Austerity and Corruption Read More
Wage increases halved, and working houses in poverty more than doubled. The growth of the GDP and living standards were significantly slower in countries with austerity-driven policies than those without …
Austerity policies slowed growth after recession, report says Read More
On the second week of massive protests in Ecuador, thousands of indigenous protesters paralyzed the country and thousands more arrived in the capital of Quito, where they marched and eventually …
Ecuador’s Strike is a Class Struggle, Not an Endorsement of Previous Government Read More
Economics training in Africa has long been funded by the World Bank so it keeps to the narrow track of mainstream economics – as do the economic policies in Africa. …
A World Away Read More
Alessandra Mezzadri explains how productivity barely covers anything in fast-fashion prices. In April this year, the UK multi-channel retail brand Missguided advertised the sale of a £1 bikini. It was …
All is revealed Read More
Nick Robins looks at why investors need to connect climate action with social justice. According to the International Renewable Energy Agency (IRENA), extra investment in clean energy could save the …
Financing a just transition Read More
Government spending that is not investment is like continual partying and drinking. Tanweer Ali tells how austerity was sold as common sense. In the early days of David Cameron’s coalition …
Home Truths Read More
The Nobel Memorial Prize defines high achievement in economics, and it validates the discipline’s claim for scientific authority. And yet, historically, it can be understood as a reflection of domestic …
Why Is There a Nobel Memorial Prize in Economics? Read More