Technocrats have used QE to deliberately inflate asset bubbles. They have never publicly condemned or constrained asset price inflation.
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EU politics
Chris Dillow: What do earnings tell us?
What do universities and earnings have to do with one another? Read here
Economics
Howard Reed: Rip it up and start again: the case for a new economics
“Until we ditch the old textbook, we’ll never face up to the challenges of the modern world—or move beyond neoliberalism”. It’s a long read, but time well invested. Read here
Economics
Bill Mitchell: Turkey tells us nothing about MMT – but MMT tells us a lot about why Turkey is in trouble
When ever there is high inflation it is used as proof that Modern Monetary Theory is debunked. This is the case in Turkey. The real culprit is the neo-liberal policy of the IMF Read here
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