Financial Oligarchy vs. Feudal Aristocracy
By Ismael Hossein-zadeh and Anthony A. Gabb
In this article the authors explore how modern capitalism mirrors the feudal system of centuries ago where today,...
From Hyper-Finance to Secular Stagnation & Mass Unemployment
By Michel-Henry Bouchet and Robert Isaak
In this article, the authors advocate policies to counter the decoupling of finance from the real economy of productive...
Should Economists Care About Ethics?
By Jonathan Wight
Whether conscious of it or not, economists rely on ethical norms and principles to carry out research and to inform policy choices....
Luxury Taxation, Good for Economic Development?
By Patrick Imam
Developing countries are struggling to mobilise resources to finance social and infrastructural development. The author argues that one avenue is to tax...
Where Have All the American Banks Gone?
By Robert E. Wright and Richard Sylla
With the evolution of banking over the years, many banks have flourished and declined in America. It has...
Making Renminbi a World Currency would not be Bad for Euro
By Dan Steinbock
The International Monetary Fund (IMF) will decide this month whether to make the Chinese Renminbi the fifth international reserve currency. For the...
Interview with Dan Steinbock on the Chance of the RMB to Join the SDR...
1. In your opinion, what is the chance of the RMB to join the SDR basket this year? Has it met all the criteria?...
The Fallacy of Measurement
By Mark Esposito and Terence Tse
In the past two decades, the number of performance indices has proliferated substantially. There are good reasons why performance indices have blossomed:...
Regulation and Culture Change in Banks
By John Mellor
Responses from regulators to the failures in bank governance and standards of conduct revealed by the crisis of 2007-2008 will fall short...





































































