Although explicitly about the United States, one can apply this to almost any European economy Marshall Auerback is a researcher at the Levy Economics Institute of Bard College, a fellow of Economists for Peace and […]
The fossil fuel industry is cashing-in on the COVID-19 pandemic, to entrench its position, capture public recovery money, and push false solutions that pave the way to climate catastrophe. COVID-19 is a global health crisis, […]
Michael delves into the history of debt and its role in our ever-changing economic structure. He references classical economists like Smith, Mills, Ricardo, and Marx, with their concept of economic rent as unearned income. They […]
The policies that European governments are not adopting to reduce car emissions are now being accomplished by the market. The question is if the same governments are going to continue subsidising the zombie car industry. […]
Euro area annual inflation is expected to be-0.3%in September 2020, down from -0.2% in August according to a flash estimate from Eurostat, the statistical office of the European Union Read here
The EU’s V-Recovery is unstoppable! The business investment rate in the euro area decreased to 23.2%, compared with 25.3% in the first quarter of 2020, reflecting the decrease of the gross fixed capital formation by […]
When robots constitute a perfect substitute for labour, workers and robots compete directly on the labour market, holding wages down. As a consequence, automation leads to a declining labour income share. Michael Roberts is an […]
“Care” may be the word of 2020, alongside “coronavirus” and “lockdown”. Alisa Trojansky, assistant in the Socialists and Democrats Group in the European Parliament, is the author of “Towards the Uberisation of Care?: Platform work […]
To give you an idea of how hard hit the economies of Southern European nations were hit by the coronavirus crisis: the total expenditure by tourists resident abroad whose main destination is Catalonia was 432 […]
This is another of Jonathan’s thought provoking pieces that one should definitely read. Jonathan Cook is an award-winning British journalist based in Nazareth, Israel, since 2001 Cross-posted from Jonathan’s website If you find yourself wondering […]
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