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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Corruption
World Politics Review: How the Murder of a Journalist in Malta Exposed Europe’s Corruption Problem
What no one wants to admit is that with the exception maybe of Scandinavia, corruption is endemic in the EU. Just look at the history of Maltese members of the EU in the European Commission. […]
Economics
The Guardian: From Seattle to Luxembourg: how tax schemes shaped Amazon
The Guardian is doing a series concerning Amazon. This is just one article. Read here
Economics
Michael Roberts: Modern Monetary Theory – Part 1: Chartalism and Marx
BRAVE NEW EUROPE has been covering Modern Monetary Theory. Here an analysis from a Marxist standpoint. By the way, there is an interesting Modern Monetary Conference in Berlin on 1 and 2 February: see here […]
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