Austerity
Bill Mitchell: Madness on both sides of the Atlantic
Europe´s future generations will pay for the German ideological obsession for rules over reality. Read here
Month: April 2019
Climate Crisis
France 24: EU countries approve launch of US trade talks
Germany wants to avoid US tariffs on its cars – and what Germany wants in the EU, it gets. Macron is made to look ridiculous again. Maybe he ought to stick to beating up his […]
Economics
Bloomberg: Italy Raises Deficit Target, Risking Fresh Conflict With The EU
Does this really surprise anyone? Read here
Corruption
The Olive Press: Journalist faces jail over plot to smear Spain’s left wing political leader Pablo Iglesias
Once again the centrists parties of Spain, the Consevatives and Social Democrats, have been caught using illegal means of undermining the leftist oppostion. Corruption, anti-democracy, and police brutality seem to be the hallmarks of this […]
EU politics
Politico: French communists recruit ‘Yellow Jackets’ for EU election
Party leader said they cannot go into the vote ‘without taking into account’ recent protests. Read here
Economics
Adrian Bua and David Lawrence – How trade deals are undermining standards that protect us
EU trade deals are conducted in an undemocratic process, mainly with corporate lawyers and lobbyists. Their goal is to strengthen trans-national corporations. It is always interesting to note how progressive NGOs deny that it was […]
Corruption
Erika Harris – Does Zuzana Čaputová’s victory signal a new kind of politics in Slovakia?
A sobre, good analysis of the recent election results in Slovakia. Unfortunately the author fails to mention that the egregiously corrupt, even prepared to form a coaltion with national neo-nazis, SMER is a Social Democrat […]
Energy
Gizmodo: China Considers Ban on Cryptocurrency Mining Because It’s a Stupid Waste of Energy
No one talks about the environmental impact of e-technology, e-finance, and e-commerce. Also see our article here concerning music streaming. Read here
Economics
Richard Wolff – What MMT has taught us
Now that Modern Monetary Theory has finally left the defamatroy voodoo and charlatan economics corner there is finally a constructive critical discussion concerning its approach.
Economics
Bill Mitchell: IMF changes tune on industry policy – shamelessly – Part 2
In Part 1, I introduced the discussion about the use of industry policies in the Keynesian period after World War 2. Most nations adopted a mixed planning-market based system for allocating productive resources and the […]