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All posts in Finance

LandandHousing

Land and Housing

Everyone has a basic right to shelter, which they should be able to call home. A home should not be an investment but a place…

Four Horsemen
Stiglitz-Regulations

Prof. Joseph Stiglitz - Banking Regulations

Prof. Stiglitz on who should really take the blame for the financial crisis.

Dice

Roulette for the rich

In 1970, ninety per cent of financial flows were used to finance trade or investment in the real economy; only ten per cent was speculative….

Dollars funnel.

Commodity-backed money versus fiat money

The use of precious metals as money goes back nearly three thousand years. Until quite recently, gold and other metals (notably silver) were the basis…

FiatMoney3

Fiat Money

How is it that we’ve ended up with a system in which banks have the power to create money? In this extract from Four Horsemen we explain what Fiat money is.

stevekeenFedBankEngland

Steve Keen on the Fed & Bank of England

Steve Keen Interview - Part 2: Elaborating on the problems with austerity, Steve Keen explains how private debt really works.

Socalism-for-the-Rich

Socialism for the Rich - Capitalism for Everyone Else

The wider public is depressingly disinterested in the workings of the economy; nowhere is this more evident than in their ignorance of the monetary system….

SpeculateAccumulateDerailEc

Speculate, Accumulate and Derail the Economy

As a way of securing wealth without engaging in real economic activity – the act of combining land, labour and capital to create something with…

Four Horsemen

Gillian Tett - The Banking Sector

What is the fall-out from a financial industry now so detached from the rest of society?

Renegade Economist
SteeveKeen

Renegade Economist Talk Show - In conversation with Prof Steve Keen

Ross Ashcroft from Renegade Economist speaks with Steve Keen whilst he was in London to launch his new book ‘ Debunking Economics: The Emperor Dethroned?’