Bill Black: Thomas Friedman – Deregulation Makes Banking Safe
Thomas Friedman, who needs to be renamed “Wrong Way Friedman,” tries peddling the canard that deregulation is a plus for bank stability.
Read more...Category Archives: Globalization
Austria: A Case Study of How Offshoring Lowered Growth
Austria illustrates that over time, offshoring reduces the skill levels of domestic workers and even organizations.
Read more...Michael Hudson: Clinton’s Red-Baiting Distracts from Failure to Address Inequality, War-Mongering as Trump Flails
Clinton’s attacks on Trump distract attention from her 1% serving economic policies and her war-mongering, but Trump isn’t responding effectively.
Read more...Brexit: This Backlash Has Been a Long Time Coming
After the Brexit vote, it is obvious to many that globalisation in general, and European integration in particular, can leave people behind – and that ignoring this for long enough can have severe political consequences. This column argues that this fact has long been obvious. As the historical record demonstrates plainly and repeatedly, too much market and too little state invites a backlash. Markets and states are political complements, not substitutes
Read more...Lousy Experts: Looking Back at the Ex Ante Estimates of the Costs of Brexit
An economist contends that economists do not bear much responsibility for the Brexit vote.
Read more...New Zealand Foreign Trusts: the Scandals, the Reforms, and Some Throat-Clearing From the EU
NZ’s promised Foreign Trust reforms still don’t look quite right
Read more...Brexit Realism: Maybe Voters Were Not Dumb
By David Miles, Imperial College Business School. Originally published as a chapter in the VoxEU ebook, Brexit Beckons: Thinking ahead by leading economists, available to download free of charge To some, the Brexit referendum was a failure by economists to persuade UK voters that leaving the EU would entail major economic costs. This column argues […]
Read more...Did Germany Just Blink?
Germany just cut Spain and Portugal some budgetary slack. What’s driving this unexpected outbreak of reasonableness?
Read more...John Helmer: The New Byzantine Alliance – Will Russia and Turkey Revolutionize the Center of the Old World?
Putin and Erdogan are meeting in August. Cooperation between Russia and Turkey would represent a major geopolitical realignment.
Read more...New Zealand Offshore Company Agents: Mossack Fonseca is Far From Alone
The global footprint of agents selling NZ companies and trusts
Read more...Another Nail in the Brexit Fantasy Coffin: Germany’s Car Makers Are Not Cowed
More evidence that the idea that the UK would have a negotiating advantage in Brexit talks is not well founded.
Read more...What Next for the EU?
An informative, high-level overview of how the EU got to where it is now, its internal contradictions, and the prospects for resolving them.
Read more...Investment Implications of the Rise of the New Lumpenproletariat and Political Shocks
How rising numbers of the new lumpenproletariat, meaning contingent and least-paid workers, are reshaping economies and politics.
Read more...Dodgy New Zealand Companies: Mapping Their Global Footprint Since 2009
New Zealand’s scam companies: a map of their global footprint
Read more...More Doubts About Brexit Fantasies
The UK still appears to be ignoring the EU’s negotiating boundaries on Brexit.
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