Brexit: UK Business Trade Pleas Get Cool Government Response

Inflation in der Weimarer Republik

Hyperinflation in Deutschland – November 1923

Thomas Piketty, Paul Krugman and Joseph Stiglitz: The Genius of Economics

Piketty, arguably the world’s leading expert on income and wealth inequality, does more than document the growing concentration of income in the hands of a small economic elite. He also makes a powerful case that we’re on the way back to ‘patrimonial capitalism,’ in which the commanding heights of the economy are dominated not just by wealth, but also by inherited wealth, in which birth matters more than effort and talent,” wrote Paul Krugman in The New York Times. Krugman and his fellow Nobel laureate Joseph Stiglitz (author of The Great Divide) join Piketty to discuss the genius of economics.

Thomas Piketty on Capitalism, Corbyn and Why Zuckerberg Is Getting It Wrong - BBC Newsnight

Renowned economist Thomas Piketty sits down for a tête-à-tête on the world economy with Evan Davis

Why Everyone Should Have a Basic Income | Guy Standing | TEDxKlagenfurt

Have you ever feared that moment of economic insecurity? Encountered some unpredictable event, lost a job or simply just left the university not knowing what’s to come. Guy Standing talks about how flexible economic practices create conditions of uncertainty and unpredictability in our life, we might soon face a disruption of the whole economic system. He shows how basic income can be vital and affordable tool to respond to the changing world of work.

Guy Standing, who is a Professorial Research Associate at the School of Oriental and African Studies in London, has written books about social uncertainty and economic insecurity. In his bestseller “Basic Income: A 21st Century Economic Right”, he argues that “Every person, regardless of age, sex, marital status or work status, should have the right to a basic income, adequate to enable him or her to cover basic needs.”

This talk was given at a TEDx event using the TED conference format but independently organized by a local community.

No Such Thing as "Frictionless" Trade, Barnier Warns UK

The European Union's chief Brexit negotiator Michel Barnier warns British ministers and businesses who are calling for "frictionless trade" with the EU after Britain leaves that it is "not possible" on Thursday

Read the Guardian article here

Pension Crisis Threatens Young | Personal Finance

How US Tax System Favors the Rich - Richard Wolff

How the Rich Get Richer – Money in the World Economy | DW Documentary

Exploding real estate prices, zero interest rate and a rising stock market – the rich are getting richer. What danger lies in wait for average citizens?

For years, the world’s central banks have been pursuing a policy of cheap money. The first and foremost is the ECB (European Central Bank), which buys bad stocks and bonds to save banks, tries to fuel economic growth and props up states that are in debt. But what relieves state budgets to the tune of hundreds of billions annoys savers: interest rates are close to zero.

The fiscal policies of the central banks are causing an uncontrolled global deluge of money. Experts are warning of new bubbles. In real estate, for example: it’s not just in German cities that prices are shooting up. In London, a one-bed apartment can easily cost more than a million Euro. More and more money is moving away from the real economy and into the speculative field. Highly complex financial bets are taking place in the global casino - gambling without checks and balances. The winners are set from the start: in Germany and around the world, the rich just get richer. Professor Max Otte says: "This flood of money has caused a dangerous redistribution. Those who have, get more." But with low interest rates, any money in savings accounts just melts away. Those with debts can be happy. But big companies that want to swallow up others are also happy: they can borrow cheap money for their acquisitions. Coupled with the liberalization of the financial markets, money deals have become detached from the real economy. But it’s not just the banks that need a constant source of new, cheap money today. So do states. They need it to keep a grip on their mountains of debt. It’s a kind of snowball system. What happens to our money? Is a new crisis looming? The film 'The Money Deluge' casts a new and surprising light on our money in these times of zero interest rates.

Bank Restructuring Post-Brexit "Could Cost Up To 15 Billion Euros"

With no post-Brexit free trade deal yet struck to ensure easy access to EU markets, some banks are already moving jobs to Frankfurt and Dublin. And now a new report for the Association of Financial Markets in Europe warns that the cost of restructuring could be as much as 15 billion Euros. Chief Executive Simon Lewis speaks to Ian King.

The Great Depression: 1. A Job at Ford's; 2. The Road to Rock Bottom; 3. New Deal, New York; 4. We Have a Plan; 5. Mean Things Happening; 6. To Be Somebody; 7. Arsenal of Democracy

1929: The Great Depression

BBC2 Documentary: The Great Crash of 1929

Warren Buffett - How to Stay Out of Debt Forever

Do you want to know how to stay out of debt? In this video, Warren Buffett gives you timeless tips on how you can stay out of debt.

Chris Hedges: Pathology of the Super Rich

Chris Hedges discusses his personal insights into the psychology and private behavior of the super rich and how these things relate to the state of the world today.

How Donald Trump Will Destroy Capitalism – Chris Hedges Explains

Bernie Sanders on Resisting Trump, Why the Democratic Party is an "Absolute Failure" & More

Last month more than 4,000 people gathered in Chicago for the People’s Summit. Independent senator, former presidential candidate Bernie Sanders delivered the keynote speech. During his speech, he repeatedly criticized the Democratic Party, calling it an "absolute failure," and blaming it for the election of President Trump. "I’m often asked by the media and others: How did it come about that Donald Trump, the most unpopular presidential candidate in the modern history of our country, won the election?" Sanders said. "And my answer is that Trump didn’t win the election; the Democratic Party lost the election. Let us be very, very clear: The current model and the current strategy of the Democratic Party is an absolute failure."

Varoufakis - Why the Universal Basic Income Is a Necessity - by the Gottlieb Duttweiler Institute

Jeremy Paxman Interviews Historian Eric Hobsbawm in 2002 - BBC Newsnight

2017 marks the centenary of the birth of Eric Hobsbawm, one of Britain's most eminent historians. In 2002, Jeremy Paxman spoke to him about world empires and communism.