Where did money come from? Steven Hail For the most part, economists continue to believe a story of money told to generations of students by…
Financial System
Lessons from Australia in solving Argentina’s economic crisis Steven Hail With Argentina facing dire economic challenges, Steven Hail offers recommendations for recovery based on lessons…
“Complexity” in economics Maria Alejandra Madi This blog has been extracted by the author from her longer article which appeared in Real World Economic Review,…
Rethinking banking as a public franchise Offering economists a more accurate metaphor – Tom Foster Australians are very familiar with the concept of a franchise…
The aerodynamics of chartalism J.D. Alt Critics of MMT often say, “but it’s only ‘chartalism’” as if chartalism, itself, is a discredited explanation of reality…
Finance and crypto are waste and a drag on the economy Dean Baker As everyone learns in Econ 101, and immediately forgets, the purpose of…
The RBA’s balance sheet Dispelling the accounting confusion Steven Hail If Megacorp A owns Business B, then it is sound accounting practice to include the…
The post The RBA’s balance sheet first appeared on Economic Reform Australia.The looming quadrillion dollar derivatives tsunami part 2 Ellen Brown The Perverse Incentives Created by “Safe Harbor” in Bankruptcy In The New Financial Deal: Understanding…
The post The looming quadrillion dollar derivatives tsunami – part 2 first appeared on Economic Reform Australia.A simple solution to the banking crisis that no country will implement Steve Keen Though Silicon Valley Bank contributed to its own demise, the root…
The post A simple solution to the banking crisis that no country will implement first appeared on Economic Reform Australia.Reserve Bank of Australia Review fails ordinary Australians Anis Chowdhury The latest interest rate hike of the RBA (Reserve Bank of Australia) comes before the…
The post Reserve Bank of Australia Review fails ordinary Australians first appeared on Economic Reform Australia.