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.
Just like the characters of The Big Short, its time to pick up the warning signs of a global financial crisis.
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The financial products offered by the shadow banking sector allow investors to be further removed from their investments and banks to escape regulation, increasing the risk in the sector overall.
Increased requirements from APRA could have been a good thing for Australia’s big four banks.
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Australia’s big four banks are managing risk well, this could be contributing to their strong performance.
Before he was the Republican presidential nominee, Donald Trump accepted three bars of gold bullion as payment for a 10-year lease on a building he owned.
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The people wanted reform but they got excuses, and now populism is winning.
Those living through the first Renaissance recognised that their age offered blinding possibilities, but that any gains would have to be achieved amid relentless shocks. The same is true today.
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The first Renaissance struggled with the same doubts and uncertainties and blinding possibilities that we face today. Any gains we make will have to be achieved amid relentless shocks.
Research has found Islamic banks are less risky than conventional banks.
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One of the worst hit countries during the financial crisis has regained economic strength inside a gilded cage – to the extent that it can now step outside, melt it down and re-sell the gold.