Published on Policy Innovations By Alanna Hartzok October 20, 2009 The global financial crisis has demonstrated a deep systemic failure of the prevailing economic paradigm. So far, efforts to remedy the situation have failed to address the root causes of the meltdown and are digging the American people deeper into …
Financial Services Committee and Treasury Department Release Draft Legislation to Address Systemic Risk, “Too Big to Fail” Institutions
Posted October 28, 2009 Washington, DC – Today, the House Financial Services Committee and the Treasury Department released draft legislation to address the issue of systemic risk and “too big to fail” financial institutions. The draft bill will:
Origins of the Financial crisis and requirements for reform
Posted October 26, 2009 At the July 2008 Reserve Bank of Australia conference on the current ?nancial turmoil the paper by Adrian Blundell- Wignall and Paul Atkinson explained the current ?nancial crisis as being caused at two levels: by global macro liquidity policies and by a very poor framework for …
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NEWS HEADLINES: OCTOBER 25TH, 2009 › 86 per cent of institutional investors say they share blame for crisis: NSFM/AQ/RI survey
REVIVING THE LOCAL ECONOMY WITH PUBLICLY-OWNED BANKS
Ellen Brown, October 14th, 2009 The credit crunch is getting worse on Main Street, despite a Wall Street bailout that is now in the trillions of dollars. The Federal Reserve’s charts show that “base money” is rapidly expanding – meaning coins, paper money, and commercial banks’ reserves with the central …
ITUC OnLine – IMF and World Bank must support an employment-focused recovery
IMF and World Bank must support an employment-focused recovery Bruxelles, 5 octobre (CSI En Ligne) : In a statement prepared by the ITUC, Global Unions Federations and TUAC for the annual meetings of the International Monetary Fund and the World Bank (Istanbul, 6-7 October), the international trade union movement urged …
REPORT ON THE AMERICAN MONETARY REFORM CONFERENCE, September 28
Exclusive from our Correspondent, Brian Landever Changing the world with sustainable public spending was the buzz phrase in Chicago at the end of September. For four days, The American Monetary Institute (AMI) hosted a conference on monetary reform. The director, Stephen Zarlenga, author of, “The Lost Science of Money,” gathered …
Canadian Index of Wellbeing in the News
Quality of Life Measurement takes flight in the news this week… Canadian Index of Wellbeing (CIW) front and center as a picture of Canadian wellbeing Sept 15 – Toronto Star Sept 14 – National Post Sept 13 – Toronto Star Check out our website… To find out more about the …
Beyond GDP Newsletter: European Commission adopts Communication “GDP and beyond”
Editor Hazel Henderson served on the Organizing Committee for the BEYOND GDP Conference, representing her colleagues at the Club of Rome . Ethical Markets Media funded the GlobeScan Survey in 10 countries finding huge public support for this reform of GDP.
The IMF Catapults from Shunned Agency to Global Central Bank
llen Brown, October 1st, 2009 “A year ago,” said law professor Ross Buckley on Australia’s ABC News last week, “nobody wanted to know the International Monetary Fund. Now it’s the organiser for the international stimulus package which has been sold as a stimulus package for poor countries.” The IMF may …