When is MIT-style New Keynesianism not just NON Keynesian but ANTI Keynesian? When it recommends (along with sensible macro stabilization) radical, pro-business micropolicy to a country engaged in an existential fight for survival.
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Bill Mitchell: The Interantional Monetary Fund hitman
Despite all the reports by economists that the IMF has learnt from its mistakes in Greece, this appears to be far from the truth. Read here
Corruption
Corporate Europe Observatory – Business lobbies dominate secret channel to influence EU Council
You may not have heard of the EU Council’s 150 working parties, but they play an important role in preparing the positions that member states take in the Council on proposed EU laws and policies. […]
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DeStatis – Germany’s Not So V-Recovery: Gross domestic product in the 4th quarter of 2020 up 0.1% on the previous quarter
Some fancy statistical footwork saves the day. Read here German Minister for Economic Affairs Peter Altmaier explaining why Germany’s V-Recovery is unstoppable
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