Biden nominates 3 for Fed board, including first Black woman
President Joe Biden nominated three people for the Federal Reserve’s Board of Governors, including Sarah Bloom Raskin, a former Fed and Treasury official, for the top regulatory slot and Lisa Cook, who would be the first Black woman to serve on the board.
'Neoliberalism' A Political Project That Has Dominated Our Economic System : Throughline : NPR
What's the role of government in society? What do we mean when we talk about individual responsibility? What makes us free? 'Neoliberalism' might feel like a squishy term that's hard to define and understand. But this ideology, founded by a group of men in the Swiss Alps, is a political project that has dominated our economic system for decades. In the name of free market fundamentals, the forces behind neoliberalism act like an invisible hand, shaping almost every aspect of our lives.npr.org
Europe could opt for 'helicopter money' as the coronavirus destroys economic growth, experts predict
European Central Bank (ECB) President Christine Lagarde addresses a news conference on the outcome of the meeting of the Governing Council in Frankfurt, Germany, January 23, 2020. We might have to try helicopter money." Dario Perkins, managing director at global macro research firm TS Lombard, also said that helicopter money could be an option. The ECB has so far avoided looking at helicopter money as a real possibility. The overarching question though is how to potentially provide helicopter money.cnbc.com
Marc Benioff says CEOs must do more
Getty(CNN) - The old adage from Nobel Prize-winning economist Milton Friedman that "the business of business is business" is dead, says Salesforce CEO Marc Benioff. Stakeholders aren't just those who invest in the company, Benioff says, but those in the surrounding community and beyond. But Salesforce, Benioff claims, is already following that model. You cannot wash your hands of your responsibility to the public schools or to the homeless or to whoever," Benioff said. "This is a time where tech CEOs are really confronted with some extremely difficult situations," Benioff said.