Bank of England

‘Normalizing’ Britain’s Interest Rates by Raising Them May Slow Economy

February 12, 2018

The Bank of England announced plans to raise interest rates to combat inflation, but the actual effect will be to slow its economy and raise unemployment in light of a phantom threat, explains economist Mark Weisbrot

UK Interest Rate ​Hike​ Ignores Equitable Policy Options

November 4, 2017

In order to slow inflation, the Bank of England is raising interest rates for the first time in a decade–but this move ignores policy options that could potentially ease high levels of inequality in the UK, explains Positive Money’s Ed Smythe

Reality Asserts Itself - Robert Johnson

June 15, 2014
Mr. Johnson says the compulsive pressure of money in politics has led to an abandonment of rules other than rules which transfer risk onto the back of the public

Race to the Regulatory Bottom

September 4, 2012

Bill Black: Wall St. wants to compete with London for lack of financial regulation