Finance

In his new book, “Plunder: Private Equity’s Plan To Pillage America,” Brendan Ballou, a federal prosecutor who served as Special Counsel for Private Equity in the Justice Department’s Antitrust Division, outlines the dangers of a trillion-dollar industry that hardly anyone understands. He explains how Americans can fight their harmful practices.

Discussions on the key conceptual and policy themes for sovereign debt sustainability with a view to proposing possible policy reforms.

Morale hazard can turn into a darker ‘moral’ hazard

There needs to be a safe place for businesses to place their reserves and working capital

There is a banking crisis. Again. Banking regulators were asleep at the switch. Again.

A federal government guarantee or 100% reserve banking? Which is better?

Bank failures don’t threaten most deposits, but they do threaten jobs

The explanation of systematic breakdowns in supervisory oversight over time must include the shift in Federal Reserve culture during and after the 1990s

Austerity for ordinary citizens and bank rescues for the affluent is a toxic mix

This time is different. But is it?

In the following conversation, law and economics expert Walker Todd explains how a financialized system creates havoc and why it’s time to rethink banking

INET Research on Financial Sector Weakness and Too Big to Fail

On the dereliction of key US-based business corporations to take the lead in making the investments in organizational learning required to generate cutting-edge communication-infrastructure products.

Cryptocurrency was supposed to change the economic outlook for Black America. For many, it made things worse.

This research project develops an approach to policy analysis in the context of a macroeconomic model that does not assume that people in the economy forecast the economy’s future evolution under any given policy in the same way as the policy analyst’s own model does.