In Germany long-term price stability has meant suppression of wages. This has enabled its mercantilist policy, which has been so disastrous for the euro-nations.
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Economics
Bill Mitchell: Taxation is an indispensable anti-inflation policy tool in Modern Monetary Theory
Tax rate changes can be used to manipulate spending Read Here Photo: MarkBuckawicki available under the Creative CommonsCC0 1.0 Universal Public Domain Dedication
National Politics
Chris Dillow: The same old mistakes
Error one is that you must base policy not upon what you hope will happen, nor even upon what you expect to happen, but upon the range of possible outcomes. Error two is the pawn […]
EU politics
Victor Goury-Laffont – Forget the far right. It’s the left that may squeeze Macron out of power.
France’s National Assembly election is undoubtedly one of the most important elections in Europe for many years. In ‘Politico’. Read the article HERE.
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