
What makes a loan a “bad loan?” I know there are lending practices defined as being predatory in nature that result in “bad loans,” but that’s not what I’m talking about.
According to the Center for Responsible Lending[1], “Predatory lending describes unfair, deceptive, or fraudulent practices of lenders during the loan origination process.” So, w
...So if you are the big tree
We are the small axe — Bob Marley and the Wailers, Small Axe
“The market state,” which Phillip Bobbitt introduced in The Shield of Achilles: War, Peace, and the Course of History ( 2002 ) is a supremely evocative phrase more often cited than defined or critiqued. But “market state” is so...
By Lucrezia Reichlin, Professor of Economics at London Business School; co-founder, Now-Casting Economics and CEPR Research Director, Adair Turner, Member of the UK Financial Policy Committee; Senior Research Fellow, Institute for New Economic Thinking, and Michael Woodford, John Bates Clark Professor of Political Economy, Columbia University and...
Both eastern and western Christians, on first hearing of Western Orthodoxy, often ask such questions as “Who are these people?” or “Why haven’t I heard of them before?”
Jessica Desvarieux Jessica Desvarieux, Capitol Hill correspondent for the Real News Network, reports on the hunger strike at Guantanamo.
Since Obama plans to give a speech on Guantanamo (and drones) this coming Thursday , this video provides useful background.
Obama:
[OBAMA:] I think it’s critical for us to understand that Guantanamo is not
...
By Jayati Ghosh, Professor of economics at Jawaharlal Nehru University, New Delhi, and the executive secretary of International Development Economics Associates. Cross-posted from Triple Crisis .
Since her death, many eulogies of Thatcher have spoken of her as a revolutionary. Thatcherism (along with the associated Reaganomics) is seen as a...
The world’s largest chip maker wants to see a new kind of economy bloom around personal data.
Intel is a $53-billion-a-year company that enjoys a near monopoly on the computer chips that go into PCs. But when it comes to the data underlying big companies like Facebook and Google, it says it wants to...