To mark its first anniversary DiEM25 has today published a summary of its White Paper entitled ‘European New Deal: An economic agenda for European Recovery’. The full White Paper will be launched on the 25th March 2017 in Rome, in the context of the 60th anniversary of the Treaty of Rome. Click here for a pdf.
Read More »Reflections on the nature & causes of global financial uncertainty – Amsterdam 4th DEC 2016
On 4th December 2016 I delivered the keynote at the RiskMinds International risk management conference in Amsterdam. A summary of my talk, compiled by the organisers, follows. What’s worse? Being a finance minister of a bankrupt state, or a risk manager in this environment? Tuesday morning’s guest speaker at RiskMinds in Amsterdam, former finance minister of Greece Yanis Varoufakis, wasn’t sure. “We seem to be having a perfect storm,” he began. “A political class which is very rapidly...
Read More »The Politics of Negative Interest Rates – Project Syndicate op-ed
ATHENS – Objects of desire come at a cost. Only bad things, like toxic waste, have a negative price, the equivalent of a fee payable to anyone willing to make them disappear. Does this mean that negative interest rates embody a new perspective on money – that it has gone “bad”? [To read on, click here]
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