“Smith failed to acknowledge the amorality of market forces…He failed to recognize that speculators and gamblers, thieves and fraudsters often flourished while people of industry, prudence, and circumspection were broken by forces outside their control” [...]
Most developed nations are capable of using their own currency to pay for exports, thus having a better chance of managing its debt in foreign currencies. This is not true of developing nations according to [...]
David Shirreff opines on the British prime minister’s three choices for Brexit David Shirreff is one of the founders and current eidtors of BRAVE NEW EUROPE. He is a former finance and business journalist at [...]
Words of reason for supporting Italy in its current crisis, but this is about German led social re-engineering in the EU rather than economics. Sergio Cesaratto is Professor of Growth and Development Economics and of [...]
“Economics beyond the Swabian hausfrau” is a series of talks, featuring some of the most prominent European heterodox economists, planned for this year and next in Berlin presented by BRAVE NEW EUROPE, the Helle Panke Foundation, and local groups of the Network for Pluralist Economics.
30 January 2019 Steve Keen: “When the Swabian housewife saves, what does she do to your bank account?”
Book review by David Shirreff Robert Skidelsky, acclaimed biographer of Keynes, anatomises an economic and monetary landscape that could be fertile ground for a Keynesian revival There is something seriously wrong with classic economic [...]