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end of world order
"So RIP new world order. Born Berlin 1989. Died with Lehman Brothers September 2008. Laid to rest eastern Ukraine August 2014."http://www.theguardian.com/business/2014/aug/31/russia-economic-warfare- -
Transatlantic Trade and Investment Partnership
TTIP -- as the driving factor behind current geopolitical drama. What will remain is minimum safety and environmental standards. If course, the capacity of Europe to regulate its own markets will be also reduced. I wonder what European environmentalists think of this TTIP -- I am sure they are not happy. Current European environmental standards, ( Read more... ) -
Капитал в 21 веке
Наконец-то читаю экономическую сенсацию, книжу французского экономиста Томаса Пикетти "Капитал в 21-ом веке," о которой все говорят. Пикетти идет по стопам Маркса, чего и не скрывает в своем назывании. Ничего нового нет, конечно, эти тезисы с научной литературе политической экономики давно озвучены, многими. Но в этот раз приводится огромная ( Read more... ) -
Keynes redux
"Capitalism is at risk of destroying itself unless bankers realize they have an obligation to create a fairer society" --
John Maynard Keynes -2
But who is listening??http://www.theguardian.com/business/2014/may/27/capitalism- -
attacks on Thomas Piketty's Capital from global wealth (and FT)
"But the most important question is the future: if Piketty is right then we have to "euthanase" the rentier class all over again. Only taxes on current wealth - and an end to opaque "wealth management" trails that end up in Switzerland or Cyprus - will prevent capitalism generating levels of social inequality that destroy it ( Read more... ) -
Marx redux: Thomas Piketty
Suddenly, there is a new economist making waves - and he is not on the right. At the conference of the Institute of New Economic Thinking in Toronto last week, Thomas Piketty's book Capital in the Twenty-First Century got at least one mention at every session I attended. You have to go back to the 1970s and Milton Friedman for a single economist to ( Read more... ) -
(Untitled)
The failure of neo-liberalism to use oil money for public good, an excellent piece on comparing the experiences of the UK and Norway:
The Verdict on Thatcherism Is Clear
Simply compare how her UK squandered its oil wealth compared to Norway.
political economy, the uk, norway, economicsИзоляция это не выход
Россия говорит о новой модели дальнейшего развития, чтобы оградить себя от возможных экономических ударов в будущем, например торговые санкции, и предлагает как один из вариантов так называемый Импорт-замещение (те. реорганизации экономики на собственное производство, снижение доли импорта ( Read more... )Syngenta's interview at Davos
Interview with CEO of the world's largest pesticide producer, Syngenta. The giant also produces GMOs ( Read more... )Pacific RIM
APEC accounts for 40 percent of the world's population, 54 percent of economic output and 44 percent of trade. Exports within the group are forecast by consultancy firm PwC to nearly treble over the next decade to $14.6 trillion while exports to non-APEC countries will double to $5.6 trillion, making the Pacific Rim the focus of global growth in ( Read more... )