Economic policy is not made by a meritocracy in which the people with the best ideas get the most say. Nor of course is it a democracy in which we all have equal say.
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Chris Dillow: The futility of economic policy debate
Economics
Bill Mitchell: Governments should not ‘cool’ an economy or cut deficits when there are millions unemployed still
They have been waiting for years. Now they are back: the free market economists. Read here
Austerity
Red Pepper: Why Europe needs Corbyn
This is another article in our continuing debate concerning whether the neo-liberal EU can be reformed to become a democratic, progressive, and social political organisation. Read here
Economics
DeStatis – German Recession: Stock of orders in manufacturing in February 2024: -5.8% year on year
The real (price adjusted) stock of orders in manufacturing was down 0.2% in February 2024 month on month after seasonal and calendar adjustment, according to provisional figures of the Federal Statistical Office (Destatis). The calendar […]
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