…Italian national, currently advises the World Bank Group/IMF on financial sector development issues and technical assistance programs in several countries in Africa, Asia and the Pacific, Latin America, and Northern…

…largely and Sectoral Balances exclusively “think inside” the incomplete flow of funds accounting matrix, which ignores cap gains (and nonfinancial assets). So it misses the biggest asset (“money”) creation mechanism…

A hypothesis for Prof. Krugman: the transmission method was FEAR In his recent column disagreeing with Ben Bernanke, Paul Krugman asks for an explanation as to how a financial panic…

…rates in their own currency. I think the 2008 financial crisis was an accidental experiment providing very strong evidence for these claims. The US Federal Government purchases trillions in risky…

…service performance data with the volumes reported in the USPS monthly financial reports. The following chart shows the estimated volume of late First Class mail, on a weekly basis, from…

…Fund reversed its opposition to capital controls in the wake of the global financial crisis of 2007-09, when it adopted the “Institutional View on the Liberalization and Management of Capital…

…could face destabilizing losses at their banks or shadow financial firms: Sweden’s central-bank boss has likened this to “sitting on top of a volcano”. But the world’s worst housing-related financial…

…is that more of worker’s earnings will go into management by the financial system, and that is certainly one reason why legislators passed it. The Thrift Savings Plan would be…

…safety net hospitals because most of their clientele are on Medicare and Medicaid, uninsured, or struggling financially.  Some safety net hospitals survive by merging into larger non-profit systems. But a…

…Medical Center’s closure is one recent example. The November shuttering of the 460-bed hospital in the city center spurred a series of financial and social consequences for area hospitals and…