🏦 Accounting and Regulation

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The fight for greater equality has been behind some of the most momentous moments in human history. But since the advent of neoliberalism in the 1980’s, there’s been a view by many economists that inequality is inevitable and any interventions against it are unadvisable. In this eighth lecture in INET’s “Economics For People” series, Ha-Joon Chang explains what inequality is, how we measure it, and why understanding it matters. About “Economics for People”: “It is extremely important for our democracy to function that ordinary citizens understand the key issues and basic theories of economi...

This history of central banking in the United States encompasses various bank regulations, from early "wildcat" practices through the present Federal Reserve System.

Rolling Stone Journalist Matt Taibbi breaksdown the 2008 Financial Crisis.

An informal value transfer system (IVTS) is any system, mechanism, or network of people that receives money for the purpose of making the funds or an equivalent value payable to a third party in another geographic location, whether or not in the same form. Informal value transfers generally take place outside of the conventional banking system through non-bank financial institution or other business entities whose primary business activity may not be the transmission of money. The IVTS transactions occasionally interconnect with formal banking systems, such as through the use of bank accoun...