[youtube https://www.youtube.com/watch?v=PqxLCisl7sE&rel=0] William Black Last month, the Federal Reserve allowed the giant investment banks Morgan Stanley and Goldman Sachs to pass the so-called “stress test” … Fed Lets Goldman Sachs and Morgan Stanley Off HookRead more
Economics
Posted inEconomics / Science / ToMl
How Money Can Distort Research
This past May, Harvard University (where I teach) issued a report on its relationship with the convicted sex offender Jeffrey Epstein. It was an admirably … How Money Can Distort ResearchRead more
Posted inEconomics / Prison / ToMl / USA Empire / Wildfire / Worker
Wildfires Reveal California’s Reliance on Incarcerated Firefighters
California, where climate-fueled wildfires are engulfing the state. Crews are battling more than 600 fires, that have killed at least seven people. Governor Gavin Newsom … Wildfires Reveal California’s Reliance on Incarcerated FirefightersRead more
Posted inEconomics / ToMl
Tracking the COVID-19 Recession’s Effects
on Food, Housing, and Employment Hardships The unemployment rate is very high and millions report that their households did not get enough to eat or … Tracking the COVID-19 Recession’s EffectsRead more
Posted inEconomics / ToMl
Now’s the time to stop worshiping the false god of GDP
We must resist GDP-based arguments which attempt to justify a less stringent public health response to Covid-19. As we emerge from this crisis, returning to … Now’s the time to stop worshiping the false god of GDPRead more
Posted inBank / Economics / ToMl
The revolving door between government & finance must slam shut
Former Chancellor Sajid Javid’s new job at JP Morgan, marks yet another swing in the revolving door between our biggest financial and political institutions – … The revolving door between government & finance must slam shutRead more
Posted inBank / Economics / PM / ToMl
Beyond Financial Inclusion, We Need Racial Economic Justice
The idea of financial inclusion has gained traction in recent years, but the approach fails to account for how ethnic minorities face greater risk of … Beyond Financial Inclusion, We Need Racial Economic JusticeRead more
Posted inEconomics
Corporate financial resilience in times of COVID-19
In our working paper Safeguarding financial resilience for sustainability’ we argue that large companies listed on the European and the US stock exchanges have become … Corporate financial resilience in times of COVID-19Read more
Posted inEconomics / Multimedia / Satire
Economic Recovery
[youtube https://www.youtube.com/watch?v=7CMUtKWubxg&rel=0] Honest Government Ad Juice Media
Posted inEconomics / Tax / ToMl
Reconsidering the Idea of Pigou Wealth Tax in the Time of Covid-19
Arthur Cecil Pigou (1877-1959), a British economist, is well known for his contributions to welfare economics. One of the most prolific writers of his time, … Reconsidering the Idea of Pigou Wealth Tax in the Time of Covid-19Read more