The Radford Free Press – Page 37 – All life is problem solving.

Economics / bank capital, banking, cryptocurrency, technology /

Techno Babble

July 1, 2021

What is about technology? It’s either a panacea for all our ills, or it’s the cause of all the aforesaid ills. Why can’t we make up our minds? This morning’s Financial Times is, sort of, a good demonstration of the confusion we are in. On the one hand there’s any article about cryptocurrencies. On the […]

Economics / Bank for International Settlements, banking, Eeckhout, inequality, market power, oligopoly /

Structural Defects

June 30, 2021

The Bank for International Settlements issued its annual report yesterday. Perhaps the central banks are feeling a little insecure, or perhaps they are a little more sensitive to economic reality, but the BIS felt compelled to use one third of its report to tackle inequality. Here’s the summary as given in the report: “Key takeaways […]

Commentary / banking, Goldman Sachs, Morgan Stanley /

Back to the Bank?

June 17, 2021

Following on from the revelation that our impoverished banks are thinking off penalizing their staff for the rather obvious and rational decision to re-locate, along with their big city wages, to a low cost place to live, we discover that most are now trying to force those recalcitrant workers back to the big city offices. […]

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