Taxes the right to levy taxes and the obligation to pay them both inherent in the sovereignty of nation states and their citizens. But what happens when the power of taxation is undermined with wont pay. Taxation oh, ticks starts october 21st on d, w ah, former us fed cheap bin bernard key and 2 other americans win the nobel prize for economics, for their focus on banks and the role of liquidity and financial crises. Well take a closer look. Also in our show, 12 percent of goods being shipped by c, r stuck in port at the moment. Could a global recession help reduce the strain on trade networks . And can norway come to the rescue of european ne, since in desperate need for natural gas deliveries . Well, walk into the show, im seeing beardsley in berlin. Former u. S. Fed chair, been bernacki, has been awarded this years nobel prize in economics, long side fellow american economists, Douglas Diamond and philip dip. Vic or the committee awarded this years prize for contribution to research
The inside of our correspondence is on the ground reporting from across the continent. All the friends doesnt matter to you, tito, whose africa every friday, only w. Ah what secrets lie behind these walls . Discover new adventures in 360 degrees and explore fascinating World Heritage sites. D w World Heritage 360. Get the out now. Ah, the Moscow Stock Exchange plunges, it follows the bridge explosion that connects russia and crimea a crucial supply route for the kremlin war on ukraine. But also a key economic linked can no way come to the rescue and how a europe through the winter and beyond with liquefied natural gas. And we introduce you to the latest Nobel Prize Winning economists and their model that explains why bank runs happen and the need for regulation. Ive been fossil and lets do business. Geopolitical tension continues to keep traitors on their toes in moscow. On monday, the Stock Exchange tumbled 12 percent. The reason was the weekend explosion, that partially destroyed eur
By going to have it in the listening place of longing, the Mediterranean Sea scene of elma star, and so far, abdul karim drift along, exploring modern lifestyles and the mediterranean mediterranean journey. This week on d. W. A and Moscow Stock Exchange plunges. It follows the bridge explosion that connects russia and crimea a crucial supply route for the kremlin war on ukraine, but also a key economic link. Can no way come to the rescue and how europe, through the winter and beyond, with liquefied natural gas. And we introduce you to the latest Nobel Prize Winning economists and their model that explains why bank runs happen and the need for regulation. Ive been fossil and lets do business. Geo Political Tension continues to keep traitors on their toes in moscow. On monday, the Stock Exchange tumbled 12 percent. The reason was the weekend explosion, that partially destroyed europes longest bridge connecting crimea to russia. It over the opened in 2018. The price tag over 4000000000 eu
We in couple of late and burned in south africa, people with disabilities more likely to lose their jobs independent, make black lives matter. Shine a spotlight on racially motivated police miles. Same sex marriage is being legalized in more and more countries, discrimination and inequality, or part of everyday life. For many, we ask why . Because life is diversity. To make up your own mind. D. W. Lead for mines. Ah, the Moscow Stock Exchange plunges, it follows the bridge explosion that connects russia and crimea a crucial supply route for the kremlin war on ukraine. But also a key economic link can no way come to the rescue and how a europe, through the winter and beyond with liquefied natural gas. And we introduce you to the latest Nobel Prize Winning economists and their model that explains why bank runs happen and the need for regulation. Ive been fossil and lets do. Business. Geopolitical tension continues to keep traders on their toes in moscow. On monday, the Stock Exchange tum
Including former u. S. Fed, shed been bernard k, a just named as the winners of this award. What can you tell us about the Common Thread running through their research . Well, its about the, the see the importance of banks just why we need banks in economy. Is it fair that banks make money out of our savings . And theyve decided and theyve Analysis Shows that yes, banks are very important. And theyre generally wisdom before the research was that financial crisis usually lead to collapsing of banks and theres a run on banks and they do collapse. But its their research that actually sure that it was the collapse of the banks that actually made the financial crisis worse. So he played actually did the research is extremely important in todays times where Central Banks play such an Important Role in actually ensuring that the economy is in the right shape. Interesting, because bernard, he took so many lessons from his scholarship on the Great Depression. Then he had to respond himself to t