Your Search Returned 6 tagged news reports
One of the few welcome consequences of the global recession has been a modest upsurge in economic literacy, or at least interest. That's not to be exaggerated; most people still don't know their asset-backed securities from the elbows, but at least we're...
Tags: Lehmans, Great Depression, Alan Greenspan, Keynes, wall street, U S Federal Reserve, Andrew Ross Sorkin, Andrew Mellon, Hank Paulson, central bankers, Jacksonville, Ben Bernanke, Financial crisis, John Maynard Keynes, Business cycle, Financial crises, Recessions
Like fish stranded by a fast retreating tide, most mainstream economists, commentators and governments tend to be flapping around frantically and aimlessly, unaware of the real cause of their distress. The more cautious among them hope for a slow return...
Tags: economy, economists, crisis, financial, stock exchange, derivatives, futures, glut, over capacity, production, Henry Ford, Marx, Engels, Samuelson, Callaghan, free market, neo-liberal, Keynes, Friedman, unemployment
Next month (September, 2009) the World Economic Forum (WEF) arrives in the Chinese city of Dalian for the annual meeting of the “New Champions”. It is a meeting reserved for “chief executive officers and board-level executives...
Tags: World Economic Forum, South Africa, China, Zuma, World Bank, economics, economy, Africa, competitiveness, ITUC, Bono, Geldof, Schwab, Keynes, Davos, ANC
National Broadband Network and the mixed economy: What kind of monopoly? Even now it does not seem so long ago that a genuine ‘mixed’ economic model prevailed across nations the world wide. In the wake of Depression and...
Tags: natural monopoly, public broadcasters, broadband, productivity, Wide Area Wireless, wireless, infrastructure, National Broadband Network, fibre optic cable, Telstra, communications, telecommunications, Australia, Labor, ALP, liberalism, mixed economy, Keynes, public monopoly, socialism, social democracy, Left, privatisation, monopoly, Optus, rent-seeking, economics, economies of scale, fibre to the node, fibre to the home, Kevin Rudd, Stephen Conroy neoliberalism
World Financial Crisis - Where to From Here? Origins of the Crisis Now, as the world teeters ‘on the brink’ of what might turn out to be the most profound economic crisis since the Depression of 1929 – a reappraisal...
Tags: financial crisis, crisis, recession, depression, USA, Australia, Keynes, Marx, sub-prime, stimulus, economy, capitalism, social democracy
In an Op Ed article in the NYT dated January 5, Paul Krugman writes that for many years, the predominant view has been that it would be quite easy to prevent another Great Depression. For example, Robert Lucas of the University of Chicago declared in...
Tags: Paul Krugman, Keynes, economic crisis, second Great Depression, USA