“This war, a looming humanitarian catastrophe, has unleashed new, overt, and cruel manifestations of racism on the continent, revealing longstanding double standards at the global level”
Finance
Bill Mitchell: Bank of Japan has not shifted direction on monetary policy
The hysteria surrounding the decision by the Bank of Japan (released December 19, 2022) to make a minor adjustment to its yield curve control ceiling on Japanese government 10-year bonds has been predictable but uninformed […]
EU politics
BBC: Poland’s Duda narrowly beats Trzaskowski in presidential vote
Hopes of the EU political elite again dashed. Read here
Economics
Bill Mitchell: IMF changes tune on industry policy – shamelessly – Part 2
In Part 1, I introduced the discussion about the use of industry policies in the Keynesian period after World War 2. Most nations adopted a mixed planning-market based system for allocating productive resources and the […]
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