Ieva Sakalauskaite and Qun Harris Following the Global Financial Crisis of 2007–08, some regulators introduced rules on bankers’ bonuses with an aim to mitigate incentives to take excessive risks, and in turn promote financial stability. In a recent paper we use detailed data on remuneration of staff in six large UK banks to look at … Continue reading How does remuneration regulation affect bankers’ pay?
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Emma DeSouza reports on the implications for remain-voting Northern Ireland and the Union of Ireland's positive relationship with the EU, amid ongoing complications over the Protocol
Before Bank Underground takes a festive break, it’s time for the Annual Bank Underground Christmas Quiz. Test yourself against our 10 festively themed questions on economics, finance and all things central banking…
Jon Bloomfield and David Edgar consider what the progressive Left can do to counter dangerous hard-right thinking on the great social issues of our era
The head of cybercrime prevention in France tweeted yesterday that any attempt by Elon Musk to prevent linking to sites or comments which do not break the law is in fact, the assertion of editorial control. Musk seems to be preventing links partly to anyone he personally has a problem with, but in particular to... Read more
After returning from playing at the Ubuntu Summit in Prague we wanted to do a livestream performance of our set from the show.
Watch the replay that we did from our studio.
And don't forget to subscribe to the channel for more! https://youtube.com/lorenzosmusic
“I saw the images at AAMI Park and immediately thought about how African immigrants are wreaking havoc in the outer suburbs of Melbourne"
The average annual wage growth in enterprise agreements not only remains well below inflation, it shows little sigh of increasing.
The post The latest figures from the Fair Work Commission suggest no sign of a wages-prices spiral appeared first on The Australia Institute.
I finished Melvin Sheldrake’s “Entangled Life” today. The book covers how fungus interact with humans and the rest of life. It’s a great read; each chapter discusses different aspects of fungus. The writing is personal, multi-faceted, kind and curious. One chapter is about lichens, the complex symbiotic forms of algae and fungus that adapt so … Continue reading Entangled Life
Surveillance expert Ausma Bernot explains the many ways in which we are constantly being watched and our data is being used. read now...I got my first pet when I was five years old and I’ve had them pretty much
ever since. When I was five, we got a terrier mutt that we somehow named
“Penny.” My folks allowed Penny to give birth once to demonstrate to my
older sister and me something they hoped not to have to explain in plain
English…
"Original cost was $8 billion + 6,500 lives. But open to offers"
The past 6 months has seen a record rise in the amount of interest households are having to pay
The post A Record Interest Shock Hitting Australian Households appeared first on The Australia Institute.
The 90th issue of the Journal of Australian Political Economy was published this week, at the end of a deeply troubling year – with Russia’s war on Ukraine, the emergence of strong inflationary tendencies, growing fears of economic recession, and mounting evidence of deepening climate change. Incisive political economic analysis is always needed for understanding what is happening in the world around us – but now more than ever [...]
The post What’s new in Australian Political Economy? appeared first on Progress in Political Economy (PPE).
Arizona is ground zero for the wackiest theories and craziest political candidates. Exhibit A: Kari Lake, the Republican who ran for governor in the recent midterm elections. Though she lost in November, she’s still campaigning — on social media, in the courts, and in her own beclouded imagination. She refuses to accept that Katie Hobbs, her Democratic opponent, won by 0.6% of the vote. It’s a delusion she shares with Donald Trump who tweeted that Lake should be “installed” in the position anyway, like a triumphant coup leader. Lake, Trump, and all-too-many Americans now believe that any election in which a MAGA extremist doesn’t achieve a pre-ordained victory is, by definition, “stolen.” Then there’s Blake Masters, the losing Arizona Republican... Read more
Xi Jinping has made an offer difficult for the Arabian Peninsula to ignore: China will be guaranteed buyers of your oil and gas, but we will pay in yuan.The Cradle
Xi of Arabia and the petroyuan drive
Pepe Escobar