Finance
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How Bankers Hide Losses
Sep 24, 2020
Like master illusionists, bank accountants conceal losses from federal regulators, putting the whole economy at risk
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Working Paper Series
Masters of Illusion: Bank and Regulatory Accounting for Losses in Distressed Banks
Sep 2020
The study seeks to explain why the instruments of central banking inevitably break down over time.
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Why International Financial Regulation Still Falls Short
Aug 5, 2020
Despite post-2008 regulations, the boom-bust credit cycle continues to run wild
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Working Paper Series
International Financial Regulation: Why It Still Falls Short
Aug 2020
Despite post-2008 regulations, the boom-bust credit cycle continues to run wild
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Immaculate Deception
Jul 20, 2020
How and Why Bankers Still Enjoy a Global Rescue Network
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Working Paper Series
Immaculate Deception: How (and Why) Bankers Still Enjoy a Global Rescue Network
Jul 2020
A look at Dodd-Frank’s impact
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The Crash of 2008 & The Pandemic of 2020: The Combination That Changed Capitalism Forever
Webinarwith Yanis Varoufakis | 12:00pm ET / 9:00am PT
Jul 2, 2020
As protests erupt on the streets of America and the world, current power structures no longer feel tenable. Can this popular uprising break the neoliberal grip on the state and create lasting structural change that will empower the disenfranchised?
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How Market Sentiment Underpins Knightian Uncertainty
May 7, 2020
We find empirical evidence that changes in market sentiment drive unforeseeable change in how stock returns unfold over time, thereby engendering Knightian uncertainty.
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Working Paper Series
How Market Sentiment Drives Forecasts of Stock Returns
May 2020
We reveal a novel channel through which market participants’ sentiment influences how they forecast stock returns: their optimism (pessimism) affects the weights they assign to fundamentals.
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The EU’s Green Deal: Bismarck’s ‘What Is Possible’ versus Thunberg’s ‘What Is Imperative’ in the Age of Covid-19
Apr 1, 2020
What ails the EU Green Deal is exactly what troubles the Union in general — an absence of social democracy at work
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Why Data Is Like Fire
Mar 11, 2020
Dr. Chen Long, Director of the Luohan Academy, explains why the digital revolution is so different from the industrial revolution
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How The Troika Runs Europe
Jan 22, 2020
The European Commission, the European Central Bank, and the IMF are the continent’s austerity police
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Banning Buybacks
Dec 4, 2019
Stock buybacks are giveaways for greedy investors at the expense of everyone else.
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Private Equity and Surprise Medical Billing
Sep 4, 2019
How Investor-owned Physician Practices Are Driving up Healthcare Costs