monetary policy

Should Banks Be Stripped Of Their Ability To Create Money? A Referendum in Switzerland

June 6, 2018
There is no easy monetary fix for the problems of modern capitalist economies says Jo Michell who argues that deep problems in the economy cannot be solved by trying to control the money supply while nothing is stopping the government from ensuring money gets created for good purposes, including government services and infrastructure

Exposing the Risks of Global Finance

March 6, 2018
South Centre Chief Economist explains the deepened financial integration of the Global South as a mechanism of Northern countries to continue compressing wage income. But the growing and massive accumulation of debt worldwide is making the global economy more vulnerable than ever before

Why You Should Be Concerned by the Fed’s Interest Rate Hike

December 17, 2015

PERI Co-director Gerald Epstein says while the interest rate hike is meant to demonstrate the growing strength of the US economy, it could actually end up slowing it down

Reality Asserts Itself - Heiner Flassbeck

February 2, 2014
Heiner Flassbeck, former director of UNCTAD, says the “market” is good for making high profits from international exchange rates; the only rational solution for a healthy economy is take exchange rates away from the market

US Federal Reserve

November 15, 2013
Economists Bill Black and Greg Palast discuss Fed Chair nominee Janet Yellen’s record, pointing to her support of the repeal of Glass-Steagall as an indication of how she’ll work with Wall Street.

The Next Federal Reserve Chair will Decide the Fate of Dodd-Frank

September 9, 2013

Gerald Epstein: Larry Summers is the chief architect of the financial crisis and should not be chief regulator of the financial system