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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EU politics
Costas Lapavitsas: Jeremy Corbyn’s Labour vs. the Single Market
If the next Labour government is to be truly transformative, it has to free itself from the constraints of the single market. Read here
EU politics
Ignasi Bernat and David Whyte: Spanish law is being used to silence political opposition yet Europe remains silent
Today, 12 February, the trial of the Catalonian political prisoners begins in Spain. As the drama unfolds in front of the world, behind the scenes the Guardia Civil and the Spanish National Police will continue […]
Media
Chris Dillow: Biased to the Powerful
Why do people still respect politicians? Or even feel sorry for them even though they work against the public interest and are thoroughly corrupt? Chris Dillow provides some answers. Read here
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