“When I say that I think the inflationary pressures are transitory, one shouldn’t conclude that means they are short-lived.”
Read here
Bill Mitchell: Euro area inflation is not accelerating out of control
Austerity
Simon Wren-Lewis: The biggest economic policy mistake of the last decade, and it had nothing to do with academic economists
In Germany austerity is still considered the only responsible financial policy – by politicians, media , and populace. The same is true of the EU poltical elite. Read here
EU politics
Al Jazeera: Finland’s Conservative National Coalition Party claims election victory
Finland’s right-wing opposition National Coalition Party leader Petteri Orpo has claimed victory in the Nordic country’s tightly-fought parliamentary election. Read HERE
Geopolitics
Eskandar Sadeghi-Boroujerdi – Scylla and Charybdis
A profound analysis of the situation in Iran which goes beyond simplistic interpretations of what is happening either as a popular revolution or a CIA-orchestrated coup. In New Left Review’s ‘Sidecar’. Read the article HERE.
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