New Economic Perspectives

The Amazing Vanishing Act: Accounting Control Fraud Disappears from the Regulatory Lexicon

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February 20, 2012

By William K. BlackCriminologists know that accounting control fraud causes greater financial losses than all other forms of property crime – combined.  Some of the world’s best economists, George Akerlof and Paul Romer, praised the S&L re...
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Greece and the Rape by the Rentiers

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February 10, 2012
Greece and the Rape by the Rentiers

By Marshall AuerbackHere's the draft of the supposed agreement to "sort out" the Greek debt problem once and for all. According to Bloomberg, here are the essentials: Greece's 2012 GDP will shrink by as much as 5%.Greece is expected to return to growt...
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