MMT is about the way the world actually works. It explains why big deficits do not drive up interest rates or “crowd out” private investment, and why big governments in big countries don’t go bankrupt.
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Climate Crisis
German Foreign Policy: Germany lacks credibility at COP28
Observers at COP28 in Dubai expect harsh criticism of the EU’s climate measures and warn that Berlin has long since squandered its credibility in climate policy. Read HERE
EU-Institutions
CEPR: How to get the European Banking Union unstuck
European Banking Union still has important gaps and deficiencies. A new CEPR Policy Insight analyses what it would take to get it unstuck. Read Here
Climate Crisis
Carey King: Why Energy Efficiency Might Not Reduce Carbon Emissions as Much as People Think
Too many climate strategies fail to take into account that industry often reacts to energy efficiency by increasing consumption, this expert says Read HERE
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