The recent global financial crisis sparked renewed debates, both within academia and policy-making circles, about regulating highly mobile cross-border money-capital flows. A particular type of policy tool has received considerable attention: capital controls (CC). Within mainstream [...]
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Writing an undergraduate-orientated textbook that gives students strong analytical tools to unpack the rapidly changing world of labour is easier said than done. Perversely, the concept of labour is one that garners less recognition among many undergraduate students precisely at a time when [...]
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This text was first published in Avanti!, Turin edition, from Antonio Gramsci’s column “Sotto la Mole,” January 1, 1916.
Every morning, when I wake again under the pall of the sky, I feel that for me it is New Year’s day.
That’s why I hate these New Years that fall like [...]
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Following my practice last year, I have listed my “novel” reading for 2017. This is a way of documenting what I get through in a year’s worth of reading on the commute to work, in the evenings after work, and while travelling on those airplane journeys from/to Sydney outside of my “normal” [...]
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In this joint blog post Christopher Sheil and I focus on The World Inequality Report 2018, published last week, which raises the question of whether Australia’s middle class is being squeezed by increasing concentration in the ownership of wealth.
Taking the combined results for the [...]
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Welcome to the seventh post in our #7CheapThings blog series! Raj Patel & Jason W. Moore’s A History of the World in Seven Cheap Things focuses on seven areas that are the foundation of modern commerce: nature, money, work, care, food, energy, and lives. How has the cheapening of these [...]
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As the authors Magnus Ryner and Alan Cafruny state in The European Union and Global Capitalism, ‘this book offers the first synthetic introduction to perspectives on the EU from a critical political economy [CPE] viewpoint’ (p. 3). It does so brilliantly. It uses the multiple crises facing [...]
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Failure to anticipate the global financial crash that began a decade ago was expected to precipitate embarrassment, if not a major crisis, for the economics profession. Even the Queen of England publicly asked why economists had got it so wrong! Ten years on, the storm has evidently been [...]
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