A wide range of heterodox theories claim that banks are special because they create money in the act of lending. Put another way, banks can create the funding they need ex nihilo, whereas all other agencies must first acquire the funding they need from other parties. Mainstream economic theory...

The number of higher education institutions in Ghana has soared in the last three decades and university enrolments have shot up in tandem. Yet the number of Ghanaians living in poverty is higher than ever before, and social inequality is on the rise. Against this backdrop, this paper critically...