May 20, 2018

The 99% Is a Myth—Here's How It Really Breaks Down


When it comes to the division of wealth, many Americans believe that the country is split between the 1%, which possesses a significant share of the country’s money, and the 99%, or “the people.” In reality, The Atlantic writer Matthew Stewart argues, 9.9% of the population comprises America’s new aristocracy, which often “takes wealth out of productive activities and invests it in walls.” But this group of people is rich in more than mere money, and its constancy poses an insidious threat to the promise of American democracy.


THE ATLANTIC: The 9.9 Percent Is the New American Aristocracy »

Business Is Business: EU Is Firing Back at the US


The European Commission is triggering legislation to protect EU companies doing business with Iran from U.S. sanctions. The legislation would also allow EU firms to recover losses arising from U.S. actions, as it has instructed the European Investment Bank to facilitate EU investment in Iran.

May 18, 2018

Yanis Varoufakis: Is Capitalism Devouring Democracy?


In is address to the Cambridge Forum in Massachusetts, Economist and fierce EU critic Yanis Varoufakis considers the need for a radically new way of thinking about the economy, finance and capitalism.

Yanis Varoufakis Against Amazon - Standing Up To The Tech Giants


Recorded May 15th, 2018 : Yanis Varoufakis served as Minister of Finance of Greece in during one of the most dramatic periods in the country’s modern history. He has since gone on to be a leading anti-austerity voice across Europe and the world, supporting a more progressive, left-leaning solution to the economic woes many have faced since the banking crisis.

May 11, 2018

How The Trump Administration Plans to Dismantle Public Housing Brick by Brick


Subhead: A series of moves by HUD Secretary Ben Carson will raise rents, decrease repairs, and accelerate the process of transferring public housing to private firms

May 06, 2018

Liberalism: Where Did It Come from and Are Its Days Numbered? | The Economist


Liberalism has been the dominant political philosophy in the West for more than 200 years. Populists say liberals are too elite and are out of touch with ordinary people. Here's what you need to know about liberalism and its place in modern society.

April 30, 2018

When Tax Cuts Failed


Universal Basic Income (UBI) and Minimum Wages: Progressive or Regressive?


Finland recently decided to end its Universal Basic Income (UBI) experiment, but the debate about whether UBI is progressive or regressive rages on. We speak to Economist Katherine A. Moos of the Political Economic Research Institute, UMass.

April 20, 2018

Is Saudi Arabia Spreading Itself Too Thin? | Inside Story


Saudi Arabia has embarked on an extensive economic and social transformation. Crown Prince Mohammed Bin Salman has made it his mission to make the country less dependent on oil and diversify its economy. But that's proving challenging because of several factors, including the war in neighbouring Yemen.

Saudi Arabia and its coalition partners have been fighting Houthi rebels there for nearly three years now. And as the Saudi government announces more mega projects as part of its so-called Vision 2030 strategy, there are concerns it might be over extending its economy. Can it afford these large projects and how likely are they to become a reality?

Presenter: Folly Bah Thibault | Guests: Jamal Khashoggi - Saudi journalist, columnist and author; Anastasia Nesvetailova - Director of the City Political Economy Research Centre at City University of London; Robert Mogielnicki - Senior Analyst specialising in the political economy of the GCC at the consultancy Siwa Group


Citigroup's Mann Sees No Recession, Says Fed Path `Appropriate'


Apr.20 -- Catherine Mann, global chief economist at Citigroup, discusses the U.S. economy and Federal Reserve policy. She speaks on "Bloomberg Surveillance."

April 13, 2018

Why Savings Accounts Are Terrible Places to Keep Your Money


KNOW WHERE 2 INVEST: Today you are joining me at the beginning of my second series of articles. In my first series I covered everything you need to know to begin investing. You can find a summary of these articles here. If you read my articles you now know the basics of how to invest. You will be feeling significantly more confident about investing. You will no longer feel concerned that you will lose your investment in the next economic collapse. And you will not be blowing your money away in savings accounts. You must make good investments if you are to reach your goals. » Robert Sadler | Tuesday, April 10, 2018

About Robert »

April 05, 2018

Steve Keen – Financial Crisis, Trump 2018 - 2019, Crash Is Now


Steve Keen is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. Keen was formerly an associate professor of economics at University of Western Sydney, until he applied for voluntary redundancy in 2013, due to the closure of the economics program at the university. In autumn 2014 he became a professor and Head of the School of Economics, History and Politics at Kingston University in London. He is also a fellow at the Centre for Policy Development. He is the author of Can We Avoid Another Financial Crisis? (The Future of Capitalism).