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Finance
Posted inFinance / PM / ToMl
Modern Monetary Theory and Positive Money, Part II: Money and Debt (1)
In 1943, Abba Lerner published ‘Functional Finance and the Federal Debt’. He declared the article was a statement of the ‘new fiscal theory’ initiated by … Modern Monetary Theory and Positive Money, Part II: Money and Debt (1)Read more
Posted inFinance / Government / News / USA Empire
DOJ Official Returns to Law Firm to Defend Corporations
The former Justice Department official who led the agency’s investigation of Libor and the financial crisis is taking a post at a law firm that … DOJ Official Returns to Law Firm to Defend CorporationsRead more
Posted inFinance / Government / News / USA Empire
Ex-SEC Head Joins D.C. Consulting Firm
The former head of the Securities and Exchange Commission has joined a Wall Street-tied consulting firm just months after stepping down. Mary Schapiro headed the … Ex-SEC Head Joins D.C. Consulting FirmRead more
Posted inFinance / ToMl
Introduction to Financialisation
A beginner’s guide to financialisation: how it works, how it shapes our lives, the forces that lie behind it, and how we can resist. 1. … Introduction to FinancialisationRead more
Posted inCorruption / Finance / News
Former Malaysian PM charged with money laundering over 1MDB scandal
Malaysia’s anti-corruption agency has charged the former prime minister Najib Razak with three counts of money laundering as part of its investigation into the multi-billion … Former Malaysian PM charged with money laundering over 1MDB scandalRead more
Posted inFinance / ToMl
Mendacity about Deficits
Peter Suderman, the managing editor at Reason.com (hard right) has published an op ed in the New York Times entitled “How Republican Hypocrisy Lifts Social … Mendacity about DeficitsRead more
Posted inFinance / ToMl / USA Empire
Tens of Billions of Higher Interest Dollars are Yours for the Asking
American bank customers are losing billions of dollars in higher interest payments because they’re not being “frugal shoppers” and making a telephone call or sending … Tens of Billions of Higher Interest Dollars are Yours for the AskingRead more
Posted inAadhaar / Finance
What secrets does the RBI report on the proposed Public Credit Registry hide?
In October 2017, the RBI announced a high level task force that would study and help set up a transparent and comprehensive public credit registry … What secrets does the RBI report on the proposed Public Credit Registry hide?Read more
Posted inDigital / Finance / News
Sweden Tries to Halt Its March to Total Cashlessness
A key committee of Swedish lawmakers wants to force the country’s biggest banks to handle cash in an effort to halt the nation’s march toward … Sweden Tries to Halt Its March to Total CashlessnessRead more