When is MIT-style New Keynesianism not just NON Keynesian but ANTI Keynesian? When it recommends (along with sensible macro stabilization) radical, pro-business micropolicy to a country engaged in an existential fight for survival.
Economics
Ann Pettifor: Britain’s flagging economy: is Brexit to blame?
“However, the evidence shows that—to date—it is austerity, not Brexit, that has had the most negative long-term impact on the British economy.” Read here
EU politics
yle: Finland relaxing arms export rules to Turkey
Finland claims to be on the moral highground, but is actually entering a moral abyss. Welcome to more EU hyprocrisy. Read Here
Economics
Bill Mitchell: Central banks are resisting the inflation panic hype from the financial markets – and we are better off as a result
“It has everything to do with ensuring they bail out the gamblers when they overreach.” Read here
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