Ashoka Mody: Europe’s Moment of Truth

The EU fishing fleet receives a tax break of between €759 million and €1.5 billion from fuel tax subsidies each year, as well as producing nearly 7.3 million tons of CO2 just from burning fuel, […]

MMT is about the way the world actually works. It explains why big deficits do not drive up interest rates or “crowd out” private investment, and why big governments in big countries don’t go bankrupt. […]

Thomas Piketty on the new French labour laws Read here