FT.com — “Wall St profits from Fed role”
Prompted by an FT article on banks’ excess profits arising from quantitative easing, entrepreneur and economist Toby Baxendale explains how QE widens wealth inequality…
Read MoreEconomics
Bank of England governor urged to keep cash taps running | Business | The Observer
Via Bank of England governor urged to keep cash taps running | Business | The Observer : Mervyn King, the Bank of England governor,…
Read MoreFT.com / UK / Economy & Trade – Companies pay down debts
Via FT.com / UK / Economy & Trade – Companies pay down debts. The bank debt held by companies fell for the first time…
Read MoreFT.com | Arena | What is the point of economists?
Via FT.com | Arena | What is the point of economists? . “Why did no one see the crisis coming?” Queen Elizabeth asked last…
Read MoreQuantitative easing only one week to run, economists warn – Telegraph
Via Quantitative easing only one week to run, economists warn – Telegraph. The unprecedented programme of quantitative easing could be coming to an end,…
Read MoreFT.com / UK – Equities surge as UK economy shrinks
Via FT.com / UK – Equities surge as UK economy shrinks. The stock market surged higher for the tenth day in a row on…
Read MoreIceland’s krona proves the magic wand as Europe ails – Telegraph
Via Iceland’s krona proves the magic wand as Europe ails – Telegraph: Out in Iceland’s Eastern fjords, Alcoa has raised aluminium production to record levels…
Read MoreQueen receives lesson in economics – Yahoo! News UK
Via Queen receives lesson in economics – Yahoo! News UK: The Queen has been sent a letter by a group of eminent economists explaining…
Read More
Money, Bank Credit and Economic Cycles — Jesus Huerta de Soto
De Soto’s treatise Money, Bank Credit and Economic Cycles is one of the most comprehensive treatments in print of ideas on banking and the…
Read MoreUK can’t afford another fiscal rescue, warns IMF – Telegraph
Via UK can’t afford another fiscal rescue, warns IMF – Telegraph: In calculations that will spark further criticism over the state of the public…
Read More