When will they ever learn?
Can we avoid financial instability or has our human nature evolved in such a way that they are inevitable? Clearly Gordon Brown’s endless pronouncements of the end of ‘Boom and …
Read MoreTag: Sept 2017
Sinking in the klepto-professional reign
Capitalism needs to heal. But mounting greed among the professional classes is choking our post-crash recovery. In the run-up to the 2008 crisis, financial speculation was large, dominant and increasingly …
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Global localisation in a regulated non-market
Policy needs to be comprehensive and governments must be pressured to promote cooperation. Jonathan Michie explains. In 1997 Dani Rodrik asked: “Has globalisation gone too far?” arguing that globalisation was …
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Volcanic Rock: are we prepared for the next eruption?
Ten years ago Northern Rock disappeared in a cloud of smoke and mirror practices, opacity and mistrust. Richard Murphy asks, what have we learnt for the next time? It is …
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Weird and Wonderful
What does a cocaine baron have to offer society? Self-confessed chief misfit, Alexa Clay, has seen the best in some of the worst. Somali pirates throw great parties. This we …
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A model agent
Mainstream economics’ failure to predict the 2008 crash undermined the profession’s public credibility. There’s a new game in town that financial risk guru, Rick Bookstaber, has faith in. He shares …
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A second brush with royalty
Professor Verity Bastion sees little cause to reflect on economic yesteryears and encounters a leading light in the black economy. So it looks like we are going to suffer two …
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The attack on Dodd-Frank
Rick Rowden lays out how Trump, Wall Street and the Republicans in Congress are committed to dismantling financial regulation in the US. While much of the Trump administration’s political agenda …
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Regulating behaviour: time off for good conduct?
The principles underpinning behavioural economics have been attracting legislators seeking to rein in the excesses of the financial sector. Are they motivated by saving face, political gain or doing right …
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Scarred with episcopal incomprehension and other tales
Paul Nicolson is a wine merchant, a minister and a lifetime battler for people who struggle to fight for themselves against the unjust and powerful. He had some stories for …
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