Make Markets Be Markets, Why a Consumer Protection Agency Is Necessary

Ethical MarketsReforming Global Finance, News You Need

The best advice on Reforming Finance yet  from inside The Economics Box. – Hazel Henderson, Editor Make Markets Be Markets Posted: 03 Mar 2010 07:30 AM PST I somehow got myself invited to this conference called Make Markets Be Markets. Its a stellar line up of speakers: Elizabeth Warren, Simon …

The Two Economies

kristyReforming Global Finance

By Michael Hudson Mr. Obama’s most dangerous belief is the myth that the economy needs the financial sector to lead its recovery by providing credit. Every economy needs a means of payment, which is why Wall Street has been able to threaten to wreck the economy if the government does …

Volcker Rule Being Deep Sixed

kristyReforming Global Finance

As readers may recall, we had argued over a series of posts that the proposed Volcker rule, to bar proprietary trading at commercial banks, did not go far enough in reducing systemic risk. While the concept was so sketchy that it was difficult to be certain what it meant, it …

Greenspan wins Dynamite Prize in Economics

Ethical MarketsReforming Global Finance, News You Need

New Prize in Economics to Greenspan, Summers for Dynamiting the Global Economy! Sent by our good friend Patrick Bond. – Editor For Immediate Release 22 February 2010 *Alan Greenspan *has been judged the economist most responsible for causing the Global Financial Crisis. He and 2^nd and 3rd place finishers *Milton …

ITUC OnLine – 2nd World Day of Social Justice

Ethical MarketsReforming Global Finance

Brussels, 19 February 2010: (ITUC OnLine): In marking the 2nd World Day of Social Justice (on 20 February), the ITUC is calling for an end to the prevailing neo-liberal model of economic globalization, which has brought about the worst economic downturn since the great depression. It has denied social justice …

Baseline Scenario

Ethical MarketsReforming Global Finance

Senior Goldman Adviser Criticizes Greece – Without Disclosing His Goldman Affiliation Posted: 15 Feb 2010 10:26 AM PST By Simon Johnson Otmar Issing, a former senior European Central Bank official, came out strongly today against any kind of rescue package for Greece (FT op ed; Bloomberg report). Read more… The …

Time to Tax Financial Speculation

kristyReforming Global Finance

For those of us who want the financial industry to serve people and the planet rather than dominate them, this is the most exciting reform under serious consideration on the world stage. by Sarah Anderson posted Feb 09, 2010 In London, activists projected a 10-meter-high image on the side of …