The poor state of the Western economies is our fault. Repeatedly one reads and hears that secular stagnation is the result of a savings glut – we are not spending enough, although priivate debt has […]
The “Trickle Down Effect Theory” is one of the great neo-liberal scams. It says that the more money the government gives the rich, the more all of us will earn. Why then are we confronted […]
Austerity is a weapon in class warfare. Chris Dillow ponders “why are Conservatives so supportive of such austerity?” His hypothesis is: Fiscal austerity is needed in order to maintain the “natural” hierarchy in which the […]
Was Hitler the product of austerity? In her blog Frances Coppola asks if austerity played an important role in Hitler’s rise to power. She comes to the conclusion that it did and warns: “Learn from […]
In this interview Yanis Varoufakis discusses Bitcoin’s bubble, the fantasy of apolitical money and the opportunities for the blockchain to reform Europe. Read here
Behind the “News” are people, who are seldom mentioned. When they do appear briefly and rarely, it is mostly in a sanitised and aestheticized version. Aditya Chakrabortty has been trying for years to turn this […]
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