Interview with Alan Williams
Assistant Attorney General of Minnesota
Mosaiko.gr had the opportunity to meet with Alan Williams, Assistant Attorney General of Minnesota during his visit to Greece and discuss environmental issues, laws and challenges for the future.
What are some of the hot environmental topics you are working on right now as Assistant Attorney General of Minnesota?
Well I work on [...]
The Evolving Global Financial System
During the Late 19th and Early 20th Centuries, There was Little Coordination of International Finances. That Changed Substantially After World War II, and the Change is Continuing Today.
The prosperity of the world has been immeasurably enhanced by the growth in international economic relations — trading in goods and services, and the migration of labor, capital, [...]
The End of Capitalism? Mark Twain, Lake Wobegon, Current Crisis
While the Type of Financial Crisis we Face Today is Unprecedented, Crises of Capitalism are not. They are Commonplace.
If you draw what statisticians call a time series of the returns to the U.S. banking sector from 1947 to 2008, it is possible to talk with some confidence about the average rate of profitability of [...]
Revise Regulation: Theory of Market Equilibrium Is Wrong
Markets are Imperfect, but Regulations are Even More so.
We are in the midst of the worst financial crisis since the 1930s. The salient feature of the crisis is that it was not caused by some external shock such as the Organization of Petroleum Exporting Countries raising the price of oil. It was generated by [...]
Globalization and the U.S. Financial System
Globalization Helped Fuel the Current Financial Crisis, and it Will Undoubtedly be Employed to Help Resolve it.
In the decades following World War II, the idea of globalization became more and more popular when describing the future of the world economy. Someday, markets for all sorts of goods and services would become integrated and the [...]
Global Financial Trouble: Causes, Cures, Responses
No doubt, Economic Historians Will Argue for Years to Come About the Causes of the Global Financial Crisis..
The global financial crisis has eclipsed Iraq, Afghanistan, North Korea, and other crises as a topic of concern — making these critical threats to global stability seem modest by comparison. Even if our perception is myopic and [...]
Debt Man Walking
Economists Know the Fatal Flaw in Our International Monetary System — But They Can’t Agree on How to Fix it.
The past few months have been a crash course in the abstract and obscure instruments and arrangements that have derailed the world’s economy. From mortgage-backed securities to credit default swaps, the international monetary system is [...]
The Global Financial System
For this month’s focus, Mosaiko.gr presents the opinions of six financial experts on how the global crisis came about and some of the ways the world will react to this shared problem.
Political scientist Mark Blyth begins by listing six events that had a role in causing the crisis. John Judis, a senior editor with [...]
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