We rarely see residents of a city successfully push back in defence of their needs against the power of finance capital, which seeks to make money from the city. But Barcelona shows it can be done.
Financial illiteracy contributed to the last financial crisis.
Shutterstock
The finance industry has developed a powerful set of tools over the years, which could be used to improve well-being and solve our environmental problems.
Fed Chair Janet Yellen heads one of the most powerful financial institutions in the world.
Reuters/Carlos Barria
Randal Quarles, the president’s first nominee to the Federal Reserve’s board of governors, has argued the bank should use rules to make decisions. But could such a shift prove disastrous in a crisis?
Social Services Minister Christian Porter in Question Time.
AAP/Mick Tsikas
Christian Porter said Australia’s welfare system ‘was costing over 100% of all income tax raised’ under Labor after the GFC, and that it’s ‘around 80%’ under the Coalition. Is that true?
“Safe debt” played a role in bringing on the GFC.
AAP/Justin Lane
In both the global North and South, economics tends to be taught with micro- and macroeconomic models that are disconnected from sociopolitical realities. We suggest new ways of teaching economics.
Although the Fed delayed raising rates this month, it has signaled it intends to wean the U.S. economy off its unprecedented monetary stimulus. Now the question is whether Congress will take the handoff.