strange positive correlation between borrowing volumes and interest rate levels? - uncreditworthy businesses are altogether excluded from global debt markets...
Tag: Milton Friedman
William Lazonick – hetero macro
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
Monetary fiscal US UK Can Fed BoE BoC Brazil
see also monetary fiscal EU - state digital CBDC news - alt currencies digital crypto www - monetary - history politics theory up to 3-2023 updates below - later updates now here >Monetary policy, central banking, inflation targeting ft.com/ m 5-3-2023 Central banks need to show a bit more imagination - by Andy Haldane centralbanking.com … Continue reading Monetary fiscal US UK Can Fed BoE BoC Brazil
Creditors Kill Europe
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!
Toward the Next Paradigm …
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 …
Head Scratching Inflation
"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