Responding to the FCIC report, Part I Many people have commented on the Financial Crisis Inquiry Report released in January. After following the Commission’s progress and reading much of the press on it, I also offer my thoughts and I present two main for discussion: the financial crisis was and …
Schumacher College: Rethinking Finance: Good Servant, Bad Master?
July 11 – 15, 2011 Teachers: Ann Pettifor, Hazel Henderson (by videolink), Tessa Tennant, Nathalie Buschor, Mark Burton, Julie Richardson This course is open for bookings. Financial markets, we are told, are the lifeblood of our society and that is why governments have gone to such enormous lengths to prop …
Does The U.S. Really Have A Fiscal Crisis?
A publication from Baseline Scenario Does The U.S. Really Have A Fiscal Crisis? Posted: 24 Feb 2011 05:09 AM PST By Simon Johnson The United States faces some serious medium-term fiscal issues, but by any standard measure it does not face an immediate fiscal crisis. Overindebted countries typically have a …
The case for a “Calibrateable dsFCF”
A “Smart” Version of the FTT Summary Derivative contracts can rationally be classified – prospectively, from the perspective of the economy as a whole — as either functional or very likely to be dysfunctional, although “the Street” pretends otherwise. Therefore a charge levied at the writing or exchange of very-likely-to-be-dysfunctional derivative contracts would usefully …
G20 Finance Ministers Fall Flat on Jobs, Disappoint on Financial Reform
INTERNATIONAL TRADE UNION CONFEDERATION ITUC OnLine 046/210211 G20 Finance Ministers Fall Flat on Jobs, Disappoint on Financial Reform Brussels, 21 February 2011 (ITUC OnLine): The international trade union movement has sharply criticised the failure of last week?s meeting of G20 Finance Ministers to focus on the global employment crisis. ?The …
Restoring Economic Sovereignty: The Push for State-owned Banks
Ellen Brown February 15, 2011 www.webofdebt.com/articles “It is time to declare economic sovereignty from the multinational banks that are responsible for much of our current economic crisis. Every year we ship over a billion dollars in Oregon taxpayer dollars to out-of-state and multinational banks in the form of deposits, only …
UNEP Announces Chinese Firm Hisense as SEED Award Sponsor
Newsletter from Sustainable Development Policy and Practice UNEP Announces Chinese Firm Hisense as SEED Award Sponsor 15_February 2011: The UN Environment Programme (UNEP) has announced that Chinese electronics manufacturer Hisense has become the first corporate partner of UNEP’s SEED Award, which supports innovative and small-scale entrepreneurs worldwide to integrate environmental …
G20 Must Act for Jobs, Regulation and Financial Transactions Tax
INTERNATIONAL TRADE UNION CONFEDERATION Publication from ITUC OnLine 039/170211 G20 Must Act for Jobs, Regulation and Financial Transactions Tax Brussels 17 February 2011 (ITUC OnLine): The international trade union movement is calling on G20 Finance Ministers, meeting in Paris on 18 and 19 February, to take action to avoid a …
The Bright Side of Government
A publication of Jeffrey Hollender: The Next Generation of Business Posted by Jeffrey Hollender in economics, inspiration & reflection, sustainability | 2 comments For close to one-and-a-half hours this week, U.S. Secretary of Labor Hilda L. Solis sat patiently, and deeply engaged, as she listened to the challenges and opportunities …
Multiplier Effect/BerkShares on TV again
Channel Five TV out of Boston, a Hearst station, has a program called Main Streets and Back Roads. On Valentine’s Day they featured the Berkshires. A whole segment was devoted to BerkShares. http://www.thebostonchannel.com/video/26866195/detail.html That¹s BerkShares board member, Will Conklin, describing how when money is spent at local stores, the multiplier …