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Pursuing Profits – or Power? 23 Aug 2013 | 11:37 pm
James Boyce Do corporations seek to maximize profits? Or do they seek to maximize power? The two may be complementary—wealth begets power, power begets wealth—but they’re not the same. One important...
The First World Keynes Conference: A Follow Up 22 Aug 2013 | 12:34 am
Erinc Yeldan The First World Keynes Conference convened over the heated days of June 26-28 at the Izmir Economics University. Given the current impasse in mainstream economics over the ongoing great...
When Foreign Investors Sue the State 16 Aug 2013 | 12:33 am
Martin Khor In the recent public debate surrounding the Trans-Pacific Partnership Agreement (TPPA), an issue that seems to stands out is the investor-state dispute settlement system (ISDS). It enabl...
Gas, Found and Lost 13 Aug 2013 | 09:15 pm
Sunita Narain Natural gas as fuel has environmental benefits, particularly when compared to burning coal for power generation or using diesel for vehicles. So when the government increases—in fact, d...
What It Takes To Deliver Midday Meal 7 Aug 2013 | 09:36 pm
Sunita Narain The tragic loss of 23 young lives because of contaminated food in a Bihar school is unacceptable. But it is also a fact that the Mid Day Meal Scheme, under which cooked food is compulso...
Demographic Transitions, Malthusian Traps and Supply-Constrained Growth 6 Aug 2013 | 09:54 pm
Matias Vernengo Gregory Clark’s book The Farewell to Alms re-popularized the Malthusian model (for the relevant chapter go here). The basic idea is that population dynamics and the so-called demograp...
At the TPPA Open Day 5 Aug 2013 | 09:41 pm
Martin Khor Last Thursday I took part in an unusual Open Day on the Trans-Pacific Partnership Agreement in Kuala Lumpur. A thousand people turned up at the event, showing how this trade agreement ha...
Should China Deregulate Finance? 2 Aug 2013 | 09:22 pm
Kevin Gallagher Rumor has it that China is set to accelerate the de-regulation of its financial system. China is “too big to fail.” Nobody in the world can afford for financial liberalization to fai...
What We’re Reading and Writing 2 Aug 2013 | 06:07 pm
What We’re Reading Christian Weller and Gahlzar Zulfiqar, Financial Market Diversity and Financial Stability Andrew Cornford, More Details from the Basel Committee OXFAM, The Future Of Agriculture:...
The Next Federal Reserve Chairperson 1 Aug 2013 | 09:13 pm
Thomas Palley, Guest Blogger Some months ago it became known that Federal Reserve Chairman Ben Bernanke was likely to step down as the end of his second term of appointment drew near. Initially, Fede...