Why is work considered so important – and do we need so much of it?
Economics
Bill Mitchell: The current inflationary period is not remotely like the 1970s
The problem is that central bankers keep referring to wage-price spirals and expectations to justify their decisions to hike rates. The reality is that those justifications are just smokescreens and there is no justification for […]
Economics
DeStatis: German recession setting in: Retail turnover in October 2022 decreased by 5% year on year
Retail turnover, October 2022 (provisional, calendar and seasonally adjusted) -2.8% on the previous month (in real terms) -1.7% on the previous month (in nominal terms) -5.0% on the same month a year earlier (in real […]
Economics
Mohamed Gad – International finance and the commodification of electricity in Egypt
While international finance ensures the stability of the Egyptian energy system, it is also radically transforming a basic service into a commodity – and is often the first and the last voice shaping Egypt’s social […]
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