This is the recorded talk I gave to Positive Money Italy (http://monetapositiva.blogspot.com/) on November 23rd 2018. I explain that excessive private credit caused the relative boom in Italy before the crisis, and the collapse in credit during the Eurozone-imposed period of austerity is the main reason that economic growth in Italy has stagnated.
Climate Crisis
Stephanie Kelton – The Big Myth of Government Deficits
Government deficits have gotten a bad rap, says economist Stephanie Kelton. In this groundbreaking talk, she makes the case to stop looking at government spending as a path towards frightening piles of debt, but rather […]
Economics
The Real News Network: The MMT Debate With Dean Baker & Randall Wray
Modern Money Theory, or MMT— is it way to fund the Green New Deal? For the transcript go here
Uncategorized
Robert B. Reich – The Evidence of Trickle Down’s Failure
Every US president since Ronald Reagan has been telling the same myth: Tax gifts for the rich will trickle down to the rest of society. And society has has believed them. But trickle down has […]
Be the first to comment