If the purpose of the Euro is to reduce transaction costs within a common market, this can be maintained while internally devaluing within the nation state. Rather than through crude supply side measures, this can be achieved by the introduction of a National Unit of Account. Here's how.
The City's Financial Services Authority has given Barclays Bank a massive fine for lying about its cost of capital in the obscure process that sets a key price in the financial markets. It shows again that finance is too important to be left to the so-called market.
In the wake of the historic handshake between the Queen and Martin McGuinness, Deputy First Minister for Northern Ireland and a Sinn Féin politician with IRA links in his past, Tom Griffin explores various conspiracy theories which exist regarding the Troubles and the subsequent peace process.
A finance insider reads Soros' intervention at Trento and wonders whether this is just a trading superstar talking up his own portfolio?
An attentive reading of the UK Chancellor's (finance minster's) latest speech to the City reveals the strain of ignoring what really limits Britain's ability to formulate a good response to its own double dip recession or to play a constructive role in the Eurozone crisis. In both cases, the root
This author welcomes the criticisms of opponents of OccupyUK and other protest movements. She argues that critics, simply by asking questions of the protesters, are able to spread the word and move the dialogue forward to effect change.
A fringe play by a prison therapist about the impact of incarceration on femininity presents an intense and brutal world, yet one in which humanity still gets a redeeming look in. Your browser does not support the audio element. var audioTag = document.createElement('audio'); if (!(!!(audioTag.can
There's no surprise that it costs a lot to dine with the British Prime Minister. But calls for party funding reform are misguided – we need to undermine the parties, not strengthen them.
Updated with transcript. Video originally published 3 March Just a few days before the presidential election, openDemocracy Russia and the Russia Foundation hosted three leading activists and journalists for a fascinating panel discussion on elections, civil society and the new Russia. Here we pre
The London-based utopian librarian returns to endure management prose and to imagine the wonders of a labour-saving, shelf-stacking robo-picker. Throw in a Dickens bi-centennial celebration, a bargain-hunting council and the "the old ethnics" to understand the surreal world of public services that
