Finance

Like master illusionists, bank accountants conceal losses from federal regulators, putting the whole economy at risk

The study seeks to explain why the instruments of central banking inevitably break down over time.

Despite post-2008 regulations, the boom-bust credit cycle continues to run wild

Despite post-2008 regulations, the boom-bust credit cycle continues to run wild

How and Why Bankers Still Enjoy a Global Rescue Network

A look at Dodd-Frank’s impact

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?

We find empirical evidence that changes in market sentiment drive unforeseeable change in how stock returns unfold over time, thereby engendering Knightian uncertainty.

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.

What ails the EU Green Deal is exactly what troubles the Union in general — an absence of social democracy at work

Dr. Chen Long, Director of the Luohan Academy, explains why the digital revolution is so different from the industrial revolution

The European Commission, the European Central Bank, and the IMF are the continent’s austerity police

Stock buybacks are giveaways for greedy investors at the expense of everyone else.

How Investor-owned Physician Practices Are Driving up Healthcare Costs