Faced with an economic crisis that could lead to starvation or riots, a finance minister was forced to default on their country’s debt, massively devalue … Pandemic profiteersRead more
Economics
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Linking Trade to Full Employment and Domestic Industrialization
[youtube https://www.youtube.com/watch?v=qUUPelc7Mks&rel=0&feature=relmfu] Richard Kozul-Wright
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The military is looting Israel
When I was drafted into the army, Israel was in a state of war against the armies of Syria and Jordan, maintained large forces and … The military is looting IsraelRead more
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Private insurance companies benefitted the most from PM Fasal Bima Yojana
The Pradhan Mantri Fasal Bima Yojana (crop insurance scheme) may have benefitted some farmers but insurance companies surely made the most of it. In the … Private insurance companies benefitted the most from PM Fasal Bima YojanaRead more
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How Unemployment Insurance Fraud Exploded During the Pandemic
A Bronx man allegedly received $1.5 million in just ten months. A California real estate broker raked in more than $500,000 within half a year. … How Unemployment Insurance Fraud Exploded During the PandemicRead more
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Why Bitcoin is not the answer
Recently, I argued that a central bank cryptocurrency can be a useful tool in the struggle to democratise money. Such a tool is, of course, … Why Bitcoin is not the answerRead more
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A central bank cryptocurrency to democratise money
The history of money has been the history of the struggles to control the payment system and the money tree. Today, with control over both … A central bank cryptocurrency to democratise moneyRead more
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Value in Motion
The covid-19 pandemic has plunged the world into the worst economic crisis in the history of capital. Forty million people lost their jobs overnight in … Value in MotionRead more
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Wall Street’s Banks Could Profit by Millions on Coronavirus Deaths of Employees
If it sounds ghoulish, it’s because it is ghoulish. Some of the biggest banks on Wall Street have been intimidating their traders to come back … Wall Street’s Banks Could Profit by Millions on Coronavirus Deaths of EmployeesRead more
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International lending is not required
[youtube https://www.youtube.com/watch?v=6288YPnqPhE&rel=0&feature=relmfu] Richard Werner at the Rhodes Forum 2015