Bill Mitchell: Some lessons from history for the design of a coronavirus fiscal intervention

The massive fines levied against the investment funds have been interpreted as a “declaration of war” from Mayor Ada Colau, who wants more affordable housing. Read here

Politics is dominated by a “lumpen intelligentsia”: “earnest types who enthuse about ideas, simplify them and believe fervently that their crude and wholesale application will solve complex social problems.” Read here  

Nearly a fifth of companies in the German industry sector have responded to the energy crisis by scaling back production, found the latest DIHK business survey of 24,000 companies on Tuesday (Nov 1). Read Here […]