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Finance

Productivity Does Not Explain Wages

20/12/201920/12/2019 - Leave a Comment

By Blair Fix Does productivity explain income? I asked this question in a previous post. My answer was a bombastic no. In this post, I’ll dig deeper into the reasons that productivity doesn’t …

Productivity Does Not Explain Wages Read More

The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay

20/12/201931/12/2019 - Leave a Comment

From Publisher: America’s runaway inequality has an engine: our unjust tax system. Even as they became fabulously wealthy, the ultra-rich have had their taxes collapse to levels last seen in …

The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay Read More

Taking the Floor: Models, Morals, and Management in a Wall Street Trading Room by Daniel Beunza

13/12/2019 - Leave a Comment

From Publisher:  Debates about financial reform have led to the recognition that a healthy financial system doesn’t depend solely on how it is structured—organizational culture matters as well. Based on …

Taking the Floor: Models, Morals, and Management in a Wall Street Trading Room by Daniel Beunza Read More

Theoretically speaking

12/12/201902/10/2021 - 2 Comments.

Randy Wray was one of the finalists for our #NotTheNobel prize in October and is one of the world’s leading advocates of Modern Monetary Theory (MMT). It might sound like …

Theoretically speaking Read More

Pot look

12/12/201902/01/2022 - Leave a Comment

Problems with pensions exhibit the same concerns that drive our inability to tackle the environmental crisis and other great societal issues. We need to recognise uncomfortable truths and meaningfully support …

Pot look Read More

Saint Mark’s square roots

11/12/201902/01/2022 - Leave a Comment

An excerpt from The Venetian Files – a novel by Izaias Almada and Matheus Graselli. September 12-14, 2008: New York City, USA Hank Paulson managed to get Alistair Darling on …

Saint Mark’s square roots Read More

Holding Corporations to Account: towards an Economic Democracy?

10/12/201921/12/2019 - Leave a Comment

We take it for granted that we get to vote in elections, but that is of course a relatively recent innovation. Universal suffrage only occurred in 1928. However most of …

Holding Corporations to Account: towards an Economic Democracy? Read More

Japan’s October exports post biggest fall in 3 years

22/11/201922/11/2019 - Leave a Comment

TOKYO (Reuters) — Japan’s exports tumbled at their quickest pace in three years in October, threatening to tip the trade-reliant economy into recession as weakening demand from United States and …

Japan’s October exports post biggest fall in 3 years Read More

The Truth About The UK’s Debt

22/11/201902/10/2021 - Leave a Comment

The UK government’s debt payment burden is low and its ability to borrow at record low interest rates is an opportunity. But that ability to borrow needs to be used …

The Truth About The UK’s Debt Read More

Revealed: Russian donors have stepped up Tory funding

08/11/201908/11/2019 - Leave a Comment

  The Conservatives have received significant recent cash injections from a number of Russian donors and their associates, an openDemocracy investigation has discovered.   Well-connected Russian oligarchs and companies heavily …

Revealed: Russian donors have stepped up Tory funding Read More

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