New orders in manufacturing: March 2023 (in real terms, provisional): -10.7% on the previous month (seasonally and calendar adjusted) -11.0% on the same month a year earlier (calendar adjusted) Read HERE
The problem with MMT over decades was that it was being attacked mainly by people that had not even bothered to understand it, much less read the literature. We are experiencing the same thing with […]
Richard Murphy explains that taxes do not finance govenment spending, but helps to pay down debts. A government creates it own funds or borrows money when it needs it. The idea that a government cannot […]
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