Transformations

Credit Rating Agencies?

What risks do rating agencies rate? For whom do they do it and based on which criteria? Who are their owners? There is a lot of controversy regarding the role

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Who decides?

This is the last of a series of eight articles by Neva Goodwin; her conclusions.

As was noted earlier, there are relevant models to draw on, of countries where sensible …

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How standard wage theory must adapt

Standard economic theory assumes that worker salaries reflect what they add to the firm’s receipts. This picture contains some realistic points about supply and demand, along with a number of …

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