In a world of financialised globalisation, prices of food are not determined by the simplistic laws of supply and demand. Prices are determined by a wall of money wielded by relatively few, invisible speculators and aimed at largely unregulated global grain markets.
EU politics
Thomas Fazi – Europe’s insurgent Right won’t change anything
The right-wing populists do not have a common agenda on Europe’s most pressing issues, and when they get a sniff of power they tend to bend towards the EU establishment anyway. In ‘Unherd’. Read the […]
Economics
Bill Mitchell: The NAIRU should have been buried decades ago
Central bankers have resisted buying into the inflation mania because they know that the current price pressures are temporary and they will only worsen the unemployment if they acted as they did in the past. […]
Climate Crisis
Thomas Piketty: The age of green money
Could the Covid-19 crisis accelerate the adoption of a new, more equitable and more sustainable development model? The answer is yes, but under certain conditions. Read here
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