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Tag Archives: OECD

Recycling the rewards of equity finance

There is an urgent need to reintegrate society with its productive side through broadening share ownership. This is the theme  of a new book,  “Debtonator”. (Elliott and Thompson, £9.99), by Andrew McNally, an experienced institutional investor. In a lively account, McNally shows how equity finance benefits society, companies and individuals. Equity should form the basis…
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William White: Why we need to debate exchange rates

William White, formerly head of monetary and economic affairs at the Bank for International Settlements and now chair of a key OECD committee,  is one of the few mainstream economists willing and eager to keep the debate about exchange rates systems alive. Most of them want to bury it. In a paper published by the…
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Is real reform within our grasp?

Not many central bankers or regulators are willing or able to think deeply about the nature of money and the implications of the collapse of trust in banking.  Two exceptions are Mervyn King and Peter Praet. This post is about them and other thinkers worth attending to.   King’s views are well known and he…
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