Rituals of the Russian Banya Read more
Bismarck’s health insurance Read more
Restoring the Mosaics of San Vitale Read more
Tree of the Wooden Clogs Read more
Michael Taylor looks at the evolving role of gold and how central banks have (mostly) learned that in the absence of the discipline of gold, their principal job is to protect the financial stability which alone confers value on scrip money.
Few economists doubt that Marx flunked economics, a judgement mostly based on his labour theory of value. But Marx’s representation of the power relationship between capital and labour in the firm is an essential insight for understanding and improving modern capitalism.
Fox acquisition of the other 61% of Sky may ‘act against the public interest, reducing media plurality’. Yet Sky shares rose when the ruling was published. What is going on?
The right balance between the role of the state and the market is key for susccesful development. In this video, Joseph Stiglitz explains why they should complement each other. This video was recorded at the UNU-WIDER 30th anniversary conference in Helsinki in September 2015.
