A blog post by the OECD linking the rise of finance to lower economic growth and higher inequality made the … Continue reading “Financialisation: The OECD is barking up the wrong tree”

The spotlight in the Libor rate-fixing scandal has moved. Questions are being asked about the culpability of the FSA, which … Continue reading “Trust has lost all of its value in our state-regulated financial markets”

Europe is riddled with bad debt. In some countries, such as Spain, banking systems are in chaos. In other countries, … Continue reading “We must write off bad debt”

There is some sense in the EU’s new plans to change the way in which banks are regulated. In particular, … Continue reading “EU bank regulation: less is more”