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Category: Op Ed

Bank Supervision Failure at the New York Fed

October 4th, 2014
in Op Ed

Whatever else comes out of the release of the audio tapes by Carmen Segarra, they have harmed the reputation of Mike Silva, the long-term senior supervisor at the Federal Reserve Bank of New York (FRBNY). The (lengthy) excerpts below are taken from the This American Life program and more »

Martin Wolf on Inequality

October 3rd, 2014
in Op Ed

The FT's Martin Wolf had a good piece named 'Why inequality is such a drag on our economies', summing up the problem in the following way: The costs to society of rising inequality go further. To my mind, the greatest costs are the erosion of the republican ideal of shared more »

Addressing the Crisis of the Elite

October 3rd, 2014
in Op Ed

Before the "no" vote on Scotland's independence, The New York Times, carried a post by Neil Irwin in the Upshot making the point that the then upcoming vote "shows a global crisis of the elites." He argues that the independence drive reflects more »

Sanctions are Taking Russia Back to the Worst Days of the USSR

October 2nd, 2014
in Op Ed

When Russia announced counter-sanctions against the European Union, USA, Canada and Australia banning imports of food items from those countries, it was clear there would be imminent consequences. But just how those are playing out isn’t as some had expected. more »

Campaign Finance and Modern Monetary Theory

October 2nd, 2014
in Op Ed

Over at Muckraker, Carillo, Gokhmark, Grey and Schweinberger wonder whether campaign finance should be financed from public coffers: Once the public understands that the U.S. government cannot "go broke," and thus more »




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