Rethinking FinanceAlternative voices for a new financial architecture

25th July, 2010 Dear readers of this blog…Apologies for the silence.  Have been away… travelling, courtesy of TrenItalia’s overnight service to Tuscany, and wonderful it was too. Have thoughts to share after reading Tim Parks’ book on the train – on the Medicis and Money. But the following is more urgent: a comment below from Prof. Victoria [...]

By Victoria Chick and Ann Pettifor – Jul 13, 2010 Bloomberg Opinion Until recently, there was almost complete agreement on the need for a period of synchronized austerity across Europe. This consensus, at a time of private- sector weakness and banking fragility, is very worrying. But Alan Budd’s resignation as chairman of the British government’s newly established Office [...]

“Are we downhearted?”  No, sang the British people in 1914 when First World War battles commenced, and hordes rushed to the War Office’s recruiting centres (pictured) . “While we have Jack upon the sea/ And Tommy on the land/We needn’t fret. ” The British are cheering again, as the present-day version of General Sir Douglas Haig – [...]

23rd June 2010 Today I gave my verdict on the budget in the Guardian. Click here to see it on the guardian site or read my article below: “When a small Canadian cruise ship hit an iceberg in 2007, its 154 passengers were nonchalant. Initial reports suggested only a small hole was punched into the hull and [...]