Q&A: Can Corbyn revolutionise the financial sector and the Bank of England? (video)


Anastasia Nesvetailova, City University London Labour party leader Jeremy Corbyn this week unveiled his new team of economic advisers. He hopes they will help build a set of policies capable of countering the narrative of belt-tightening austerity which delivered David … Continue reading

The lowly millionaires who are suffering from widening wealth inequality (video)


The statistical data and research on the economic and social effects of the chasm known as the wealth gap is clear and unequivocal. Widening wealth inequality between the richest and the rest of us is damaging the economy, hurting (and sometimes … Continue reading

Wealth inequality madness: tax policy is made by the few for the few at the expense (and with the support) of the many (video)


Any time a politician, or any public figure for that matter, tries to discuss the subject of wealth and income inequality they are immediately castigated in the right-wing media as being engaged in “class warfare“. Even president Obama, who had … Continue reading

The FT’s take-down of Thomas Piketty is no Thomas Herndon moment (video)


Almost exactly a year ago, the core argument used by right-wingers around the world to justify accelerated budget deficit reduction, Reinhart and Rogoff’s “Growth in a Time of Debt”, was fatally undermined by Thomas Herndon, an economics graduate student, when he … Continue reading

Thomas Piketty – Why we need a global wealth tax (video)


Jeremy Paxman discusses wealth inequality and a global wealth tax with Thomas Piketty author of “Capital In The 21st Century” on Newsnight (30 April 2014).   Video © BBC *********************************************** Wealth inequality and other things we don’t have to learn from … Continue reading