Newsletter – January 2017

Welcome to The Global Dispatches,

Anthony Barnett looks back at the life of his friend John Berger; Richard Barwell examines just how exactly Central Banks set their interest rates; Sergii Leshchenko, a Ukrainian journalist and a member of the Verkhovna Rada looks at the current state of the Ukrainian revolution; Barbara Casu Lukac, Professor of Banking and Finance and Director of the Centre for Banking Research at the Cass Business School, City University of London answers the questions "What will make banks leave and what will make banks stay? After Brexit; Guido Alfani – Associate Professor of Economic History, Bocconi University examines the share of wealth owned by the richest households in Europe since 1300 - The only significant declines in inequality were the result of the Black Death and the World Wars and much more...

John Berger, witness to the human condition
By Anthony Barnett

He sought to protect and if necessary salvage humanity from the inhumanity of consumer capitalism. This gives all his work the quality of defiant resistance in the face of likely defeat.

The top rich in Europe since 1300
By Guido Alfani

Recent research into the share of wealth owned by the richest households has given us important insights into trends in inequality. We can now estimate the share of wealth owned by the richest households in Europe, since 1300. The only significant declines in inequality were the result of the Black Death and the World Wars.

Brexit and the banks
By Barbara Casu Lukac

Several cities are vying to replace London as Europe's financial capital post-Brexit. What will make banks leave, and what will make banks stay? A commentary by the Professor of Banking and Finance at City University of London.

How Central Banks Set Interest Rates
By Richard Barwell

It is generally assumed that central bankers often argue over the appropriate conduct of monetary policy. Focusing on the Bank of England’s Monetary Policy Committee, there is no evidence that they disagree with one another in any meaningful sense.

Ukraine’s corrupt counter-revolution
By Sergii Leshchenko

In Ukraine, revolution and reform has given way to reaction, with vested interests entrenching themselves even further.

Catalonia revisited: farewell to great expectations?
By Patrice de Beer

History has shown that the fight of even a united people for independence is often a hard and protracted struggle.

Another arrested revolution in the East
By L K Sharma

Donald Trump ought to thank Modi for showing the way to electoral success. More and more leaders are convinced that perpetual confrontation pays in politics.

“Memories from Moscow to the Black Sea” by Teffi
By Lev Myshkin

The writer and satirist "Teffi" was a literary sensation in Russia until war and revolution forced her to leave Russia for ever.

 
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