Tag Archives: Finance

Pubblichiamo la traduzione su Brave New Europe, una rivista online edita a Berlino, del pezzo su Econopoly. Sergio Cesaratto and Antonio Iero – It’s the interest rate, stupid! November 16, 2018 Economics, EU politics, EU-Institutions, Finance, National Politics Words of reason, but this is about German led social re-engineering in the EU rather than economics. Sergio Cesaratto is Professor of Growth and Development Economics and of Monetary...

Must-read.Naked CapitalismEverything You Thought You Knew About Western Civilization Is Wrong: A Review of Michael Hudson’s New Book, And Forgive Them Their Debts John Siman

This article is a continuation of previous comments on financial crises, with two lines of discussion. The first is a bit of a primer, explaining why I and other commentators associate financial crises with a buildup of private debt. The second part discusses the main problem with associating crises with private debt buildups: growth in debt stocks is by itself not enough to trigger a crisis. The catch is a variant of the efficient markets hypothesis: if we could easily forecast crises, it...

[unable to retrieve full-text content]On the Revival of the “Quarterly Capitalism” Discussion: I’m definitely not screaming “YES YOU HAVE A POINT THAT’S WHY HILLARY BROUGHT IT UP YEARS AGO” into a pillow…

[unable to retrieve full-text content]On the Revival of the “Quarterly Capitalism” Discussion: I’m definitely not screaming “YES YOU HAVE A POINT THAT’S WHY HILLARY BROUGHT IT UP YEARS AGO” into a pillow…

[unable to retrieve full-text content]Here are the Victims of Insider Trading, Hope I Didn’t Keep You Waiting Too Long: It’s official, we’re in a place where I have to actively counter “actually insider trading is just a victimless crime” takes…

[unable to retrieve full-text content]Here are the Victims of Insider Trading, Hope I Didn’t Keep You Waiting Too Long: It’s official, we’re in a place where I have to actively counter “actually insider trading is just a victimless crime” takes…

Guest Post by Jeff Mosenkis of Innovations for Poverty Action. Alex Tabarrok summarizes the story from the new book on RCTs, Randomistas, about how TOMS shoes invited an external evaluation of their program giving away shoes and discovered it wasn’t helping recipients very much. This isn’t that unusual in development, but faced with the evidence, they agreed to be named in the paper and be public about it, and tried to figure out how to use the insights to do better. (See study author Bruce...

This is the second in a series of blog posts on financing infrastructure assets. Multiplier EffectBanks, Capital Markets, and Institutional Investors as Providers of Long-Term Finance Felipe Rezende | Director, Economics and Finance Program, Bard College and Research Fellow, The Levy Economics Institute

Housing finance is interesting, and offers an interesting take on some theoretical issues. Although the theoretical issues sound abstract, they are critical issues in economies facing a housing bubble. This article looks at one aspect of housing finance: the limit to financing is credit risk, not funding. Monetary flows in a credit-based economy are circular. Bond Economics Housing Bubbles And Their Financing Brian Romanchuk