Reuters: China’s factories reopen, only to fire workers as virus shreds global trade
A brilliant example of the spiral we are facing. Short and succinct. Everyone was praising globalisation, but apparently they do no understand it. Read here
A brilliant example of the spiral we are facing. Short and succinct. Everyone was praising globalisation, but apparently they do no understand it. Read here
Probably the only ones trying to hold on to the old ideology are the Germans, although in practice they will do anything to save the 1%. Read here
We don’t get fooled again. Once more the political class is trying to rescue corporations at the expense of the 99%. Where yesterday there was no money for social policy, today there are trillions for […]
We are not only dealing with an economic crisis, but also with a climate crisis. The two are inseparable. Hendrik Theine (@tricksy) is a post-doc researcher at the Institute for Heterodox Economics at the Vienna […]
Spain’s Social Democrat/Unidas Podemos coalition was slow in reacting to the coronavirus with disastrous consequences. They seem to be doing the same on the economic front. Juan Carlos Barba is an Economic journalist at the […]
This week the Dutch government blocked a proposal to activate a special credit line for countries who need financial support to fight the Covid19 crisis. But the logic behind the Dutch position is backward-looking and […]
The Covid-19 Coronavirus pandemic is, at least on available evidence, striking rich western countries the hardest so far. Lower-income countries will be hit hard too, however: massive capital flight is already underway. And in all […]
While the analysis is focused on Australia at present, the principles developed are portable across national boundaries. Read here
Heiner Flassbeck argues that to counter the economic shock of the crisis in the euro zone we need to break the rulebook set by the European Commission and German orthodoxy Heiner Flassbeck is an economist, […]
The Coronavirus Crisis has caused economic havoc. In this article, Warren Mosler and Dirk Ehnts discuss policy proposals that are informed by Modern Monetary Theory (MMT).Dirk Ehnts is a research assistant at the Faculty of […]
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