FT.com — “Wall St profits from Fed role”
byPrompted by an FT article on banks’ excess profits arising from quantitative easing, entrepreneur and economist Toby Baxendale explains how QE widens wealth inequality…
Prompted by an FT article on banks’ excess profits arising from quantitative easing, entrepreneur and economist Toby Baxendale explains how QE widens wealth inequality…
Via Bank of England governor urged to keep cash taps running | Business | The Observer : Mervyn King, the Bank of England governor,…
Via FT.com / UK / Economy & Trade – Companies pay down debts. The bank debt held by companies fell for the first time…
Via FT.com | Arena | What is the point of economists? . “Why did no one see the crisis coming?” Queen Elizabeth asked last…
Via Quantitative easing only one week to run, economists warn – Telegraph. The unprecedented programme of quantitative easing could be coming to an end,…
Via FT.com / UK – Equities surge as UK economy shrinks. The stock market surged higher for the tenth day in a row on…
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…
Via Queen receives lesson in economics – Yahoo! News UK: The Queen has been sent a letter by a group of eminent economists explaining…
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…
Via UK can’t afford another fiscal rescue, warns IMF – Telegraph: In calculations that will spark further criticism over the state of the public…
