Tag Archives: ownership

The Renminbi on the World Stage

December 1, 2015

The IMF recently announced that China’s currency, the CYN (Chinese Yuan Renminbi), would be included in the IMF’s basket of currencies, known as the SRD (special drawing rights). The designation comes after China adopted certain reforms in accordance with International Monetary Fund (IMF) policies. The CYN will comprise 11% of the basket, with reductions of … Read More

No. 2015/01: Hager, “Public Debt as Corporate Power”

January 6, 2015

Working Paper No. 2015/01 Sandy Brian Hager, “Public Debt as Corporate Power” In various writings Karl Marx made references to an ‘aristocracy of finance’ in Western Europe and the United States that dominated ownership of the public debt. Drawing on original research, this paper offers the first comprehensive analysis of the pattern of public debt … Read More

hand bells

Competition and Cooperation in the World of Hand Bells

December 28, 2013

A recent episode of Planet Money describes a long running feud between two makers of hand bells. The story itself was interesting. However, two parts jumped out at me as relevant to CasP. The first was a comment by the host about how most people, when they hear of two companies fighting in court, assume … Read More