Europe, or more specifically the Eurozone, has a deficient bank regulatory framework which may be tested by economic weakness and wobbly banks. Having Christine Lagarde at the ECB’s helm is not likely to be a plus.
Read more...Yves here. Carbon dividends are a way to create support for setting a price for carbon. None other than those starry-eyed granola heads at Financial Times called for setting a price for carbon in 2007. Pigovian taxes (ones meant to discourage activity, like transactions taxes) should typically not be seen as revenue generators, since you […]
Read more...Is a flabby Financial Times story just a case of a piece not coming together, or is the pink paper pulling its punches on Brexit?
Read more...Transnational state capital can be just as harmful as its private counterparts. Local, democratic and sustainable alternatives offer better protection.
Read more...Johnson is committing the UK to a no deal Brexit. What could stop him?
Read more...A third judge reduced the eye-popping punitive damages award in a glyphosate lawsuit; Bayer faces a plethora of pending cases and potential huge liability.
Read more...Climate scientist Michael Mann discusses the increasing frequency and severity of heat waves, as we’ve seen in India, the US, and now Europe.
Read more...China upsets its neighbors.
Read more...No one is blinking in the Brexit staredown.
Read more...Angus Deaton argues that the present level of inequality is a threat to “democratic capitalism” but contends that historically, even more severe inequality has been reversed.
Read more...Yves here. It seemed fitting to post again on Brexit, if nothing else to commemorate, if that’s the right word, Boris Johnson becoming Prime Minister of the UK Wednesday afternoon. It’s not a good omen that the EU has felt compelled to debunk Johnson’s campaign claims about Brexit that have been taken up again by […]
Read more...The goal of any serious climate policy is to keep oil and other fossil fuels in the ground. The central question is how.
Read more...The Malaysian government has come out against the findings of the JIT in the MH17 crash, charging US, Urkainian, and other offiicials with lying and engaging in evidence suppression and tampering.
Read more...Extracts from the work of Robert O. Paxton, with an assessment of the stage our political system has arrived at under the Trump administration.
Read more...The rule of the “radical left” Greek party Syriza came to an end earlier this month after it had abandoned its promise of reform.
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