Category Archives: Banana republic

Paul Krugman Crosses the Line

Krugman is increasingly discrediting himself as a commentator on economics.

#panamapapers: Questioning the Picture Painted in the WSJ’s Interview With Jürgen Mossack

A sceptical look at Jürgen Mossack’s WSJ interview

Ireland: a Recovery Built on Sand

How official statistics exaggerate Ireland’s performance, largely due to its status as a tax haven/offshore financial center.

Gillian Tett Shows She Does Not Understand Offshore “Profits,” Parrots Corporate Propaganda Instead

Repeat after me: Apple and Big Pharma companies are not keeping cash offshore as a result of tax rules, but they are successfully misleading the press and politicians.

Don Quijones: Colombia Pays the Steep Cost of So-Called “Free” Trade

Colombia demonstrates the cost of being subject to investors lawsuits under “trade” deals.

North Carolina Knowingly Allows Fox to Run State Pension Henhouse

North Carolina takes a big step backwards by allowing its sole state pension trustee take jobs that create glaring conflicts of interest.

Jamie Dimon Tells Us We Need to Leave Too Big to Fail Banks Alone

Jamie Dimon likes to write grandiose letters to shareholders. This year’s version is no exception.

A New Stability and Growth Pact? Let’s Drop the Technocratic Veil!

On how economic growth models constrain policy debates and choices among Eurocrats, and why that is no accident.

Elizabeth Warren Flays Former Fed Official Who Saw No Evil on Subprime Loans, Currently Peddling Line That Regulation is Too Costly (to Banks, Natch)

Warren brutalizes a bank crony who has worn regulator’s clothes at the Fed and the Consumer Finance Protection Bureau. Ouch.

#panamapapers – Why Critic Craig Murray Needs the Scorecard Before He Can Name The Players

Craig Murray keeps jumping the gun with his panamapapers pieces

Gaius Publius: Will Sanders Play His Ace?

Sanders lists demands for Clinton if he fails to get the nomination…and it includes demands like single payer that are so far from her current position that it is inconceivable that she will give them lip service.