Not a terribly progressive approach (Who is Eichengreen trying to appease? The edtiors of Project Syncidate?), but there are some interesting thoughts in the article.
Read here
Economics
Bill Mitchell: My response to a German critic of Modern Monetary Theory – Part 1
Bill Mitchell is one of the principal advocates of Modern Monetary Theory (MMT). In this posting he explains MMT and answers criticism by a German economist. Read here Also read our review of Mitchell and […]
Austerity
Trades Union Congress – Unsecured debt hits new peak of £15,400 per household – new TUC analysis
With dpressed wages the question was, how can workers buy the products that capitalists produce when they had so little money in their pocket? The answer: credit. Read here
EU politics
Chris Dillow: “The country”
Who is the nation? Chris Dillow, as so often, opens a door that we walk past every day and never ask what is behind it. Read here
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