Category Archives: Shared Articles

National Fiscal Flexibility: EU Parliament Plans A Big Step Backwards

By John Weeks. He is an economist and Professor Emeritus at SOAS, University of London. John received his PhD in economics from the University of Michigan, Ann Arbor, in 1969. He is author of a new book entitled ‘Economics of the 1%: How mainstream economics serves the rich, obscures reality and distorts policy’ (Anthem).

I and many others have argued that the basic EU treaties have flexibility to accommodate most social democratic policies such as those in the 2017 Manifesto of the UK Labour Party. Our argument may soon suffer a decisive blow from the EU parliament.

In March 2012 twenty-five EU national governments signed the Treaty on Stability, Coordination and Governance (TSCG), the “fiscal pact”. By signing national governments “contracted” (the treaty term) to obey its detailed fiscal rules. The TSCG did not achieve unanimous approval, thus could not become part of the de facto EU constitution; i.e., contrary to the intention of the fiscally reactionary governments, it was not incorporated into the Treaty on the Functioning of the European Union (TFEU).

Continue reading National Fiscal Flexibility: EU Parliament Plans A Big Step Backwards

Terrified of AI? Don’t Be, It May Be The Key to Tomorrow’s Survival

Tom Koulopoulos is the author of 10 books and founder of the Delphi Group, a 25-year-old Boston-based think tank and a past Inc. 500 company that focuses on innovation and the future of business.
We are drawn to doomsday scenarios. It’s in our nature. In many ways the history of civilization has been one of fearing and resisting the same technological advances that somehow help us beat the odds and propel us to the next level of progress. AI is no different.
Still, trying to separate the hyperbole from the facts is not always easy.
For the full article in Inc. please go to:   http://on.inc.com/2hKRZ4g

These 15 charts illustrate the current U.S. private equity landscape

From PitchBook on July 19, 2017

Being honest, our 2Q 2016 U.S. PE Breakdown is the best thing you can read to catch up on the latest private equity trends in dealmaking, debt usage, EBITDA multiples, exit activity, fundraising and more. It’s completely free and you can access it here.

If you’d rather look over the highlights, we’ve featured the top charts from the report below:

U.S. PE activity by quarter

2Q has brought activity back to the trends we previously anticipated, with both aggregate deal value and volume sliding. Overall volume has returned to 2013 levels.

For the entire article and remaining very informative charts please go to:     http://bit.ly/29YuEqW