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Saturday, 21 February 2015 |

Go Canadians!

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Go Canadians!

Canadian whistleblower’s testimony leads to multi-billion dollar settlement

Article by Krysia Collyer and cross posted from globalnews.ca

For more than five years –big U.S. banks have been under scrutiny for their part in the 2007-2008 financial crisis.

JPMorgan Chase & Co. – America’s largest bank- is no...

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Greek Prime Minister Alexis Tsipras said a deal with EU leaders to extend the country's huge debt bailout "cancels out austerity", but his government faced scaling back its leftist agenda...
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Are we entering a cultural Dark Age, where the talented cannot earn a living creating culture?
Longtime correspondent G.F.B. recently sent me this 13-minute  Interview with Andrew Keen .  This is my first exposure to Keen, and his view that  the democratization of the Web is great for politics but a disaster for what he calls the...
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I’ve often found myself explaining the difference between actively living and merely existing. It’s an important difference, and one that we need to remember.

But there is another question wrapped up in the idea of actively living, and that is: What’s the goal? What are we trying to accomplish? Merely staying alive isn’t remotely enough. Even the d...

Friday, 20 February 2015 |

The Roundup for February 19th, 2015

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Good day everyone!

International Politics

Overall

- A former Polish president believes it is possible to apply pressure onto Russian President Vladimir Putin by joining in solidarity against him

- The Egyptian government is now mediating between Libya and Russia to provide Russian arms to militias in Libya

- Qatar recalled its ambassador to Egypt...

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The HSBC Scandal: A Red Flag for U.S. Regulators?

NEP’s Bill Black appears on Knowledge@Wharton discussing the HSBC scandal with Jennifer Blouin. You can see the story and hear the podcast here.

 

The HSBC Scandal: A Red Flag for U.S. Regulators?...

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The BBC Dismisses a Real Greek Economist as a Sexy “Ideologue”

By William K. Black Bloomington, MN: Valentine’s Day 2015

In its web version, the BBC “News” has you click on a tease titled “Yanis Varoufakis, charismatic ideologue” to access a story dated February 13, 2015 entitled “Profile: Yanis...

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I suspect China's leadership is wary of unpegging the RMB for one reason: the FX market is too large to manipulate for long.
What is China's currency the renminbi (RMB, a.k.a. yuan) really worth? Nobody knows, because  price discovery  has been thwarted by the RMB's peg to the U.S. dollar.  This peg has shifted over time, from...
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Morgan Stanley warns that the world is revisiting the "ghosts of the 1930s" as one country after another tries to steal a march on others by devaluing first...
Wednesday, 11 February 2015 |

The Politics of Responsibility – Not Envy

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Americans are looking for politicians who ask the wealthy to take responsibility for their fair share of our society.

According to former Treasury Secretary Larry Summers – who is emerging as a key economic advisor to Hillary Clinton – the big political challenge in addressing economic inequality is not to embrace “a politics of envy.”

No, Mr....

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