By Guest Poster on July 27, 2010
One of life’s great mysteries is the established wisdom, reflected in opinion polls and the media, that the Coalition is superior to Labor in “economic management”. Leaving aside the fact that Treasury and the RBA largely manage the macro-economy, it’s [...]
Posted in Economics, federal election 2010, International, Media | Tagged banks, bond markets, Coalition, debt delusion, deficit, economic management, Federal Election 2010, GFC, gross debt, interest rates, Joe Hockey, mr denmore, national debt, net debt, OECD, private debt, Tony Abbott |
By Mark Bahnisch on January 8, 2010
In a recent post, I observed that the momentum for systemic reform and coordinated international regulation of the financial sector, pursued through the G20 in the aftermath of the Global Financial Crisis, appeared to have stalled. In that context, it [...]
Posted in Economics, Elections, International, Markets, Politics, USA | Tagged banks, Capitalism, dominique strauss-kahn, G20, GFC, global finance, global financial crisis, IMF, inside story, John Langmore, Senate, tobin tax, transactions, US midterm elections 2010, US politics |
By Mark Bahnisch on July 8, 2009
A number of economists, including the blogosphere’s own John Quiggin and Nicholas Gruen, today released a letter in Canberra calling for a new enquiry into the financial system. [See the hyperlinks for the text of the letter and commentary from [...]
Posted in Economics, Markets, Policy, Politics | Tagged Australia Post, banking, banks, bernard keane, competition, Crikey, economic policy, financial system, GFC, ideology, John Quiggin, lending, neo-liberalism, Nicholas Gruen, Rudd government, Wallis Inquiry |
By Mark Bahnisch on March 9, 2009
Politically, much of the resilience of Kevin Rudd’s government in the face of the economic downturn is explicable by voter perceptions that the causes of the crisis are external to this country – the Global Financial Crisis. While that’s largely [...]
Posted in Economics, Markets, USA | Tagged banking, banks, barack obama, credit crisis, economy, GFC, global financial crisis, ideology, Kevin Rudd, liquidity, nationalisation, nationisation, neo-liberalism, Paul Krugman, social democracy, Tim Keithner |
By Mark Bahnisch on January 22, 2009
In a piece in today’s Crikey sparked off by Kevin Rudd’s remarks about the difficulty Australian banks are having accessing foreign capital, Bernard Keane makes some good points about the response to the global financial crisis: Rudd’s rather anodyne response [...]
Posted in Economics, Markets, Policy | Tagged banks, bernard keane, economic policy, Economics, finance, financial sector, global financial crisis, John Quiggin, Kevin Rudd, Labor, nationalisation, neoliberalism, Paul Krugman, Rudd government |
By Mark Bahnisch on October 13, 2008
SocProf over at The Global Sociology Blog and I must be reading the same things, and thinking along similar lines, because I had planned to link to precisely the same articles she highlights in an update to my recent post [...]
Posted in Apocalypse, Disasters, Economics, Europe, Foreign Elections, International, Markets, Media, Nationalism, Politics, Sociology, USA | Tagged ALP, banks, Ben bernanke, Canadian election 2008, Capitalism, credit crisis, credit crunch, deregulation, economic crisis, economic policy, federal reserve, financial meltdown, financialisation, globalisation, gordon brown, Immanuel Wallerstein, interest rates, Kevin Rudd, krondatieff cycles, Labor, liquidity crisis, neo-liberalism, New Labour, political economy, politics & government, recession, regulation, social democracy, socialism, Sociology, stephen harper, stock markets, subprime mortgages, TARP, Tony Blair, us economy, US election 2008, USA Election 2008, Wall Street, Will Hutton, world economy, world systems theory |
By Mark Bahnisch on October 9, 2008
Iceland may be a barometer for what’s changing in the world economy. It was only very recently that the Milton Friedman fan club was hailing Iceland as a “Nordic Tiger”, lauding its flat taxes and praising its “economic freedom”. “Economic [...]
Posted in Activism, Consumerism, Culture, Economics, Ethics, International, Markets, Media, Politics, Poverty, Sociology, USA | Tagged alan greenspan, ALP, Andrew Crook, banks, Ben bernanke, Bill Clinton, Capitalism, credit crisis, credit crunch, deregulation, economic crisis, economic policy, federal reserve, financial meltdown, financialisation, globalisation, gordon brown, Guy Rundle, Iceland, interest rates, Kevin Rudd, Labor, liquidity crisis, Mark Davis, Milton Friedman, neo-liberalism, political economy, politics & government, recession, regulation, social democracy, socialism, Sociology, stock markets, subprime mortgages, TARP, us economy, US election 2008, USA Election 2008, Wall Street, world economy |
By Kim on October 2, 2008
Some Democratic congressfolks have had the intriguing and unorthodox idea that the role of Congress is to legislate. Ian Welsh has the details on the preparation of alternative bills to the Paulson take it or leave it (with bells and [...]
Posted in Economics, Markets, USA | Tagged banks, Congress, credit crisis, David Scott, Elijah Cummings, financial markets, henry paulson, House Democrats, Ian Welsh, interest rates, Lateline, Lloyd Doggett, Malcolm Turnbull, Paul Keating, Peter De Fazio, reserve bank, TARP, us economy, us treasury, Wall Street |
By Mark Bahnisch on September 22, 2008
There’s an informative links post at Obsidian Wings from hilzoy. And a bit of food for thought: I do not want to hear people tell me that regulation cripples the economy, unless they are willing to admit that a lack [...]
Posted in Economics, Markets | Tagged ALP, banks, economic management, economic policy, financial crisis, financial markets, henry paulson, IMF, inflation, Kevin Rudd, Labor, Liberal Party, Malcolm Turnbull, market bailout, Peter Costello, TARP, us treasury, Wall Street, Wayne Swan |
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