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Archive for the 'Economy' Category

Renewing the research and teaching in finance, economics and management to better serve the common good
From the editors of Heterodox News
(Genève-Fribourg-Zürich March 2011)
(1) The authors of this appeal are deeply concerned that more than three years since the outbreak of the financial and macroeconomic crisis that highlighted the pitfalls, limitations, dangers and responsibilities of main-stream […]

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[Repudiate the Debt Campaign]
The press revelations of claims made by the former Finance Minister, that the European Central Bank and the European Union played the decisive role in forcing the bank bailout in the form of the bank guarantee confirm what our campaign has been saying since its foundation.
The Irish people will be forced to […]

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There has been no end of discussion and analysis regarding the present financial crisis, yet little on the actual nature of finance within western economies. This applies to both the mainstream and the left-wing where criticism has focused primarily on the moral shortcomings of bankers and financiers, with shouts of ‘greed’ and ‘arrogance’ to cover […]

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Just came across this article by the economist Henry C.K. Liu where he explains the development of OTC derivatives and their effect on world financial markets
It’s from Asia times Online and it dates from May 2002.
check it out, it is excellent.
The link is here.

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Why don’t they have the election now?
That way they can see if the Finance Bill is the will of the People.
Thing is, Fine Gael and Labour want the Finance Bill to be passed before the election because they do not want to have to campaign on a mandate to pass the Finance Bill - a […]

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Excellent interview with David Harvey, via Wisconsin Public Radio.
It deals with the dynamics of finance capital since the 1970s.
Have a listen and keep in mind Ireland’s pit-stop in the international financial capital route - i.e. the IFSC.
The skim off the top which Irish financial service providers got for washing this money - therein lies one […]

 
icon for podpress  Harvey Interview [15:52m]: Play Now | Play in Popup

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After reading this, an article by Wolfgang Münchau, associate editor of the Financial Times in which he says that he considers the Irish Sept 08 bank guarantee to be “most catastrophic political decision taken in post-war Europe”, I read this, his 5th of Oct column in the FT, which I am republishing in full below. […]

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I’m hoping to write a post on some of things I am reading at the moment which puts the current news cycle in some context, but while fishing through Denis O’Hearn’s The Atlantic economy: Britain, the US and Ireland for a quote I came across this explanation for why Ireland’s GNP, commonly explained as the […]

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From Bloomberg:
Germany will make its last payment on Oct. 3 for bonds issued after World War I to pay for reparations and strengthen the economy, the Associated Press reported.
Payment on the bonds, suspended during the Nazi era, was rescheduled under a 1953 international agreement, the news service said.
Payment on about 150 million euros ($205 million) […]

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Dole TV - Program 02 from DCTV on Vimeo.

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