This is a seven-minute video by economics professor emeritus R.D.Wolff on the root causes of the current “crisis”. He is the author of Capitalism hits the Fan and finds long term reasons for the crisis, without hitting the nail of “money from thin air“.
Filed under: Economics | Tagged: capitalism | Leave a Comment »
I’m keen to promote the thinking behind The Global Financial Crisis. Fortunately, I’m not alone: Debunking Economics or How Economists went Astray are two examples. And one of the best resources on the web questioning the crisis is CrisisMaven’s Blog.
Filed under: Banks, Central Banks, Challenging the Recession, Economics, Financial Fairness | Tagged: Economics | 1 Comment »
There is an interesting article by two economics professors from Boston University which sets out A Banking System we Can Trust. The Times published a story about one of these professors who has supposedly become a guru for Mervyn King. That’s where I’d like to know whether they also talk about “credit money” in general [...]
Filed under: Bank of England, Banks, Central Banks, Economics | Tagged: Banks, limited purpose banks | Leave a Comment »
Today I got the news about the excellent campaign MoveYourMoney and I hope that it will soon find its equivalence in European and other countries! Meanwhile I was thinking what could be done “at the top” while we, the people, move our money, and I came up with this: In addition to GDP, inflation and [...]
Filed under: Challenging the Recession, Indicators, Indices, Measures | Tagged: economic measures, monetary measures | Leave a Comment »
Here is another “whistleblower” from the camp of economists. As a mathematician I have long been appalled how economists parading as pseudo-scientists, abusing maths for their purposes, only to protect bad banking and accountancy practices. PRESS RELEASE From Professor Geoffrey M. Hodgson g.m.hodgson@herts.ac.uk www.geoffrey-hodgson.info The Business School, University of Hertfordshire, Hatfield, Hertfordshire AL10 9AB, UK [...]
Filed under: Economics | Tagged: economists | Leave a Comment »
