Bill Black: Bank of England Says Authorities Mustn’t Fine Banks Because Groaf
The Bank of England offers an easily-debunked defense of predatory and fraudulent lending.
Read more...Category Archives: Banana republic
The Return of the Repressed Critique of Rentiers – Veblen in the 21st Century
This is Naked Capitalism fundraising week. 1039 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in financial realm. Please join us and participate via our Tip Jar, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser, what we’ve […]
Read more...The Evidence Is Clear: Population Growth and Prosperity Are NOT Linked
An in-depth analysis of why the assertion that more population growth promotes higher living standards is bunk.
Read more...Understanding Moral Repugnance: The Case of the US Market for Kidney Transplantation
How economists think about repugnance is revealing, and not necessarily in a good way.
Read more...Blackstone’s Tony James Touting What Looks Like Hillary’s Scheme to Gut Social Security
Hillary’s mandatory retirement savings accounts are a twofer: a way to replace Social Security over time and enrich private equity and hedgies.
Read more...Salvation Army Slams New Zealand’s Loose Immigration Policy for Hurting Local Workers
Immigration is a hot topic in the antipodes too, for much the same reason as in the US….the impact on jobs and wage rates.
Read more...Trump, Clinton, Obama and the TPP
How much-derided “populism” has revealed some ugly truths about the TPP, leading Clinton and Obama to try to reposition themselves.
Read more...Important Labor Fights Are Going Down at Ivy League Schools
Labor fights at Columbia, Harvard, and Yale
Read more...Why Italy’s Banking Crisis is Spiraling Out of Control
Even by the standards of European kick-the-can-down-the-road exercises, measures to stave of an Italian banking crisis are really slapdash.
Read more...How Wells Fargo Exemplifies the Drivers of Big Corporate Fraud
The Wells Fargo fake account scandal illustrates why corporate executives conveniently ignore or even engage in fraud.
Read more...Naked Capitalism: Getting Through the Stupids to the Important
How Naked Capitalism is the antidote to media short-termism that otherwise allows powerful interests to control information flows.
Read more...Earth to Regulators: If You’re Going to (Hopefully) Ding John Stumpf, Don’t Miss Henry Kravis, Leon Black, et al.
Now that the press is focusing on executives who oversaw stealing, people like Leon Black are even more deserving targets than John Stumpf.
Read more...Almost Nobody Is Satisfied With Wells Fargo CEO John Stumpf’s Overdue Departure
While John Stumpf has finally departed Wells Fargo, the bank hasn’t made moves consistent with serious change.
Read more...Social Democracy, the “Third Way,” and the Crisis of Europe, Part 3
A discussion of why the center-left failed to revive in Europe after the crisis. Some of the reasons apply to the US as well.
Read more...Switzerland Seen Backing Down on Supporting Tax Haven USA
The US gets some badly-needed pushback on the tax haven front.
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