One question that continually comes up when I do interviews is this: If governments are not financially constrained in their spending why do they issue debt?
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Bill Mitchell: Why do currency-issuing governments issue debt? – Part 1
Economics
Frances Coppola: How Thomas Cook Hid Its Hotels From The Liquidator
Did you know that you can still book rooms in Thomas Cook’s own-brand hotels, more than a month after the company filed for liquidation? And do you wonder why these hotels are still open for […]
EU politics
Reuters – Catalan academic fighting extradition from Scotland stirs nationalist tension
You do not have to be for Brexit, but nor do you have to be pro-EU. The SNP is looking very foolish at the moment with regard to Clara Ponsati. In such situations one sees […]
Economics
Frances Coppola: The Irish Central Bank’s Fiscal Problem
Tensions arising between central banks and governments in the Eurozon, in response to attempt by governor of Central Bank of Ireland to dictate fiscal policy Read here
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