Climate Crisis
George Monbiot: Blatant Opportunism
Tory MPs cynically disguise their concern for the profits of fossil fuel companies as concern for the poor. Read Here
Month: February 2022
Economics
Bill Mitchell: Covid-specific inflationary pressures are dominant and are transitory
“I am maintaining my view that the current inflationary spikes are being driven by the total abnormal circumstances the world has found itself in as a result of the pandemic.” Read Here
Economics
Hubert Horan – The Uber Bubble: Why Is a Company That Lost $20 Billion Claimed to Be Successful?
This is the first in a series of three articles from the end of 2019 that we have dug out of the archives in support of the Barcelona taxi drivers’ current conflict with Uber (see […]
Austerity
Chris Dillow: Strategic Impotence
We can call it strategic impotence – using a claim to be unable to do something as means of pursuing one’s advantage or cementing privilege. Read here
Gig Economy
Gig Economy Project – Barcelona taxistas in “anti-gag” march against Uber
Elité Taxi faces the potential of a crippling fine from the Catalan Competition Authority, after Uber complained of anti-competitive conduct including “acts of boycott, aggressive and denigrating practices” The Gig Economy Project, led by Ben […]
Corruption
Malta Today: Corruption Trial of former EU Minister over alleged €60 million bribery to overturn EU-wide ban on smokeless tobacco
For every EU minister that is charged with corruption there are dozens that are not. And one would like to say the mafia-state Malta is one of the most corrupt in the EU, but so […]
Economics
Patrick Kaczmarczyk – Clash of Nations
Patrick Kaczmarczyk’s book in German “Kampf der Nationen” (“Clash of Nations) appeared this week in Westend-Verlag . This is a short introduction by Patrick that vividly shows that competition of nations is a truly absurd […]
Economics
Michael Pettis – How Does Excessive Debt Hurt an Economy?
How high debt levels can force an economy to bear financial distress costs Read Here Photo: Jesper Rautell Balle licensed under the Creative Commons Attribution 3.0 Unported
Economics
Joseph Stiglitz, Kevin P. Gallagher: IMF surcharges: A lose-lose policy for global recovery
The IMF has imposed significant surcharges on countries that have had to undertake large borrowings and are unable to pay their debts back quickly. These surcharges are pro-cyclical financial penalties imposed on countries precisely at […]
Economics
Lars P. Syll – An MMT perspective on the public debt problem
Public debt is probably one of the most discussed and least understood aspects of economics Lars P. Syll is an economist at the Faculty of Education and Society at Malmö, Sweden, not to mention a […]