Economics
Adam Tooze – The Normal Economy Is Never Coming Back
The latest U.S. data proves the world is in its steepest freefall ever—and the old economic and political playbooks don’t apply. Read here
Articles by Mathew D. Rose
Austerity
Marshall Auerback – Last Chance to Save the Euro?
The actions taken so far to “save” the single-currency union expose its fatal flaws—it will take historic action to save it. Marshall Auerback is a market analyst and commentator This article was produced by Economy […]
Climate Crisis
Daniela Gabor- Is the EU really going to put Blackrock – the arch purveyors of greenwash – in charge of EU green accounting?
This is very unorthodox, but we consider this twitter thread from Daniela Gabor so important that we are posting it in its entirety. Daniela Gabor is Professor of Economics and Macro-Finance at the University of […]
Economics
Positive Money – Major Breakthrough on Public Money Creation: The Bank of England will Directly Finance Government Coronavirus Spending
As banal as this may appear, this is truly an historical landmark for this century. By Hannah Dewhirst, Campaigner at Positive Money Cross-posted from Positive Money Britain’s central bank becomes the first in the world […]
Climate Crisis
Carbon Brief: Analysis: Coronavirus set to cause largest ever annual fall in CO2 emissions
The global coronavirus pandemic continues to unfold at a staggering pace, decimating lives, livelihoods and the normal functioning of society, as well as interrupting energy demand and CO2 emissions. Read here
Economics
Bill Mitchell – The Bandwagon effect – caution not credit is needed
Everyone, apparently is an MMTer now. But from what they say we know that is not the case. And just as this cohort swing to save face in what is a glaringly obvious empirical rejection […]
National Politics
Branko Milanović – Trump as the Ultimate Triumph of Neoliberalism
Trump is the best student of neoliberalism because he applies its principles without concealment. Branko Milanović is an economist specialised in development and inequality. His newest book is “Capitalism, Alone: The Future of the System […]
Economics
Dean Baker – The Length of the Shutdowns Will be Determined by Donald Trump, not Science
What Dean Baker describes is valid in other nations as well, although in most it will be corporate interests that make these decisions, governments will simply implement this decision. Thus a piece applicable for any […]
EU politics
Tax Justice Network – Netherlands, Blocking EU’s Covid19 Recovery Plan, has cost EU Countries $10bn in Lost Corporate Tax a Year
The EU always emphasizes its high moral standards. Anyone familiar with EU policy knows this is complete rubbish. What sort of morality would permit the treatment of Greece in its crisis (EU: “We saved Greece”)? […]
Aviation
BBC: Lufthansa makes ‘permanent’ cuts as travel plunges
This is indeed good news for the climate, but at the same time bad news for the employees. The German government should now expand (actually reinstate all the services they have reduced) the rail service. […]