Ann Pettifor

Anglo-American financial crisis

Alan Greenspan’s audacity

Saturday, 27th September 2008. Lawmakers in the US struggle to come to terms with the scale of the financial crisis, the Paulson solution, and the role of government in resolving this crisis.  Republicans, particularly conflicted, sabotaged the $700 billion bail-out last Thursday.  At this moment Alan Greenspan proferrs advice from the lofty heights of the …

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How orthodox economists bluster and fluster…..

15th September, 2008. To address this very grave global financial crisis effectively, one needs to analyse it correctly. A wrong analysis results in wrong conclusions and solutions, just as a wrong medical diagnosis can lead to wrong, often life-threatening treatment.  Orthodox economists, who have for so long turned a blind eye to the finance sector, …

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