The risks of further monetary stimulus measures by the European Central Bank outweigh the benefits. Additional stimulus will either amount to less than anticipated or will not be sustained – yet it could still undermine the eurozone’s financial system and public finances in far-reaching ways.
This is the latest in Aditya Chakrabortty’s series of alternatives to a capitalist economy in practice. Read here
“As another vote looms amid the pantomime of Westminster, the core issues behind leave’s win have been ignored. ” The lessons of austerity and neo-liberalism is being forcefully ignored by those who profit from it. […]
Are there any tax laws that the Irish government have not included to provide transnational corporations and financial institutes with obscene profits? Read here
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