strange positive correlation between borrowing volumes and interest rate levels? - uncreditworthy businesses are altogether excluded from global debt markets...
x x more Lazonick books at goodreads William Lazonick SOAS UL AcademicIndustryResearchNetwork Related >M Mazzucato >pluralist macro ineteconomics.org/perspectives/blog/ 2019 After Over Three Decades, Rebel Economist Breaks Through to Washington. Here’s How He Did It. by Lynn Parramore Ever heard that a corporation’s sole duty is to maximize value for shareholders? In the go-go ‘80s, … Continue reading William Lazonick – hetero macro
updated 9-2022 finance.yahoo.com 9-2022 Could China’s Yuan replace the U.S. dollar as the world’s dominant currency? Here’s how the Asian nation's trade supremacy is rapidly boosting its reserve status - by Vishesh Raisinghani ..."... The U.S. dollar displaced the pound just as America gained economic superiority over Britain. More than 75% of global transactions have … Continue reading Monetary fiscal US UK Can Fed BoE BoC Brazil
In a pre-summit article, German finance and foreign ministers Olaf Scholz and Heiko Maas suggest flexible ESM adjustments to provide "quick and targeted relief... (and) ... a pan-European guarantee fund to secure loans ... (so) the European Investment Bank (EIB) would ensure liquidity for small and medium-sized enterprises in the EU countries." read the whole … Continue reading Creditors Kill Europe
Is the coronavirus an act of green terrorism? Allegedly the currently globalising coronavirus did not just accidentally escape from the Wuhan virology lab but was deliberately smuggled out by a 21 year old researcher and self declared Greta Thunberg fan. "I wanted to disrupt the earth-killing global economy" declared the biochemistry student who sneaked out … Continue reading Crisis!
This Sunday November 17th 3pm : GaiaMoney is hosting a meeting of the "Toward the Next Paradigm..." project group in East Oxford. All welcome. Free drinks and nibbles. Please RSVP There are two topics on the agenda: (1) Does Paul Krugman's recently re-publicised self critique on globalization miss the point? (2) How many, if any, theses should launch … Continue reading Toward the Next Paradigm …
"Inflation ... has left many observers scratching their heads as to why the current level ... does not match the current state of the real economy ..." said ex ECB board member Sabine Lautenschläger in a recent speech. The Economist discerns "strange new rules", devotes a special report to "The End of Inflation?" and concludes that inflation is … Continue reading Head Scratching Inflation