First-time buyers are suffering, and mortgage rule changes could lead to yet more misery, so perhaps it’s time to consider the benefits of being a tenant, writes Laura Howard
Read the full story »Thoughts from the Renegade Economists
Links to current headlines
Films and interviews
Finally, the mainstream are catching up with what the Renegade Economist was saying back in October last year. Before you read on, this is the press conference video worth watching again $45 Trillion Wealth Wipe …
One of Goldman Sachs’s senior advisers in London has said that British taxpayers should “tolerate the inequality” stemming from the investment bank’s plans to dole out a record $22bn (£13.4bn) in pay and bonuses this …
Ambrose Evans-Pritchard reports on how Ireland is just halfway through its property slump and is likely to see house prices fall 45pc from peak to trough as austerity begins in earnest.
Employers yesterday called upon the Government to get to grips with its ballooning debts as a new study put the true size of the public sector’s net liabilities at £2,200 billion, almost three …
An article from Jessica Irivne from the SMH. Ostrom’s work (recognised last week with a Nobel Prize) investigates how we all share the scare resources ‘the commons’ that earth provides for us all. She rejects …
A lot of us have been feeling the pinch living here in the UK, and this study does not go anywhere to help us believe that “things are going to get better” anytime soon. Share with …
And we think regulataion would prevent such deals to be structured in the future?
Goldman Sachs stands to receive a payment of $1bn – while US taxpayers would lose $2.3bn – if embattled commercial lender …
The Federal Reserve should be forced to identify companies that received loans from the central bank because it can’t demonstrate that borrowers would be harmed by the disclosure, according to lawyers who won a Freedom …
This article from the SMH illustrates the current rise of the bull market in dissent. Now we just need to keep harnessing the people power…
Hell hath no fury like a mummy blogger scorned – a …
“climate change and poverty are inextricably linked” – wise words from Hugh Jackman. Copenhagen cannot work without an understanding of the inter-relationship with the economy and some debate if the western model is actually the best for developing countries. …
How quickly a year flys. What has happened to the memory of Governments, regulators after the destruction inflicted last year in the banking sector. Apparently now we are meant to see them as economic saviors…. …
Seems like there is more pain to come in this article from The Evening Standard -
Government ministers have clashed with the London Development Agency over an £800million debt incurred in buying up the land for …
The economic downturn will likely cost as many as 25 million people their jobs by end-2010 as the unemployment rate nears a record 10 percent in the OECD group of countries, according to a report …
Nobel Prize-winning economist Joseph Stiglitz says the US has failed to fix the underlying problems of its banking system after the credit crunch and the collapse of Lehman Brothers.
“In the US and many other countries, …
WASHINGTON (AFP) – A year after Lehman Brothers imploded and unleashed global financial contagion, President Barack Obama will on Monday argue that his policies are rescuing a US financial system that was near collapse.
In a …
Dear Renegade Economist Readers,
We wanted to take this opportunity to update you on what is going on at Renegade HQ and thank you for your continuing support and for all the questions you have been …
House building company McInerney has estimated that the total value of its property in Ireland has more than halved since mid-2008.
In an extraordinary ruling, U.S. District Court Judge Loretta Preska ordered the Federal Reserve to turn over records of the details concerning the lending of taxpayers’ money to financial institutions and banks.
An article from the Sydney Morning Herald showing us how ”economic modelling” can be perverted by vested interests to suit their own purposes.
Food for thought from an article by Damon Young, an Australian philosopher. “Buying a home isn’t necessarily touched by reverie – it’s matter-of-fact, dull and sometimes brutal. Is this as good as our dreams get? …