‘Tooze, as a Keynesian, defends the legitimacy of the scientific elite that ultimately owns his allegiance; Marx calls it into question.’
Read HERE
National Politics
El Nacional Cat.: Catalonia to break off its relationship with the Spanish monarchy, says Torra
The King of Spain has painted himself into a corner and will have to see how he re-establishes relations with Catalonia. Maybe he has made himself superfluous in this conflict and this is simply a […]
Economics
Bill Mitchell – They never wrote about it, talked about it, and, did quite the opposite – yet they knew it all along!
During the GFC, a new phenomenon emerged – the ‘We knew it all along’ syndrome, which was characterised my several mainstream New Keynesian macroeconomists coming out and claiming that some of the insights provided by […]
Finance
The hunt for Toys R Us’ missing millions: Investigators probe a £580m loan moved to a tax haven just months before the store went bust
As usual, in the end we shall discover that this was “completely legal” and the pension fund will be left with a massive deficit. Read here
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