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Tag Archives: International & World

The End of Super Imperialism?

T Sabri Öncü ([email protected]) is an economist based in İstanbul, Turkey. This article was first published in the Indian journal the Economic and Political Weekly (EPW) on 28 September 2019.Summary: With intensifying concerns regarding the soundness and stability of the international monetary and financial system, calls for reforming it have been on the rise. One recent call was made by the Bank of England Governor Mark Carney, in August 2019, in which he suggested a...

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Balance of Power: The Economic Consequences of the Peace at 100

My review of John Maynard Keynes’s The Economic Consequences of the Peace  Macmillan (2019) appeared in Nature – the International Journal of Science – on 23 September, 2019.“Ann Pettifor finds astonishing contemporary resonance in John Maynard Keynes’s critique of globalization and inequity.”The Economic Consequences of the Peace John Maynard Keynes Macmillan (2019)In December 1919, John Maynard Keynes published a blistering attack on the Treaty of Versailles, signed in...

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The slowing economy of the Single Market and NAFTA era

Ten years on from the full explosion of the Great Financial Crisis in autumn 2008, and Brexit lurking just round the corner…  A lot of the Brexit arguments revolve around the perceived pros and cons of the EU’s Single Market; meanwhile, President Trump has been using force majeure to overturn aspects of the 1994 NAFTA deal. Given this conjuncture, I thought it would be instructive to take stock and assess, over a longer time-frame, how the UK and other developed economies have...

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Time to restore the revolutionary Keynes

John Maynard Keynes - for the Times Literary Supplement It was his internationalism, together with his insights into the functioning of the world’s financial architecture that first drew me to the work of John Maynard Keynes.  His genius is, perhaps, most comparable to that of Charles Darwin. But whereas Darwin is widely recognized for developing the science of evolution, Keynes’s development of the science of macroeconomics goes largely unacknowledged by a profession still...

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