Category: white collar

Shred the White Collar and Put on the Blue

May 17, 2023
blue collarBusiness & MarketsBusiness ColumnistsemploymentJobs MarketOpinionU.S. economyViewpointswhite collar
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Commentary In 1936, John Maynard Keynes, who was the most influential economist of the 20th century, wrote in his popular treatise (“The General Theory”) of his ultimate solution for permanent growth and high employment without business cycles. He called for the government to drive interest rates to zero. This would spur massive borrowing and then…

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Corporate Regulator ASIC Accused of Weak Punishments for White Collar Crimes

October 12, 2022
AustraliaBusiness & MarketscrimeJohn AdamsMalcolm Robertswhite collarWorld
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A new report has raised questions about the efficiency of how corporate watchdog Australian Securities and Investments Commission (ASIC) used its powers to investigate and prosecute white-collar crime.   Written by economist John Adams, the report shows that only 0.7 percent of suspected offences reported to ASIC were investigated in 2020, compared to two percent…

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