Bill Mitchell: Europhile reform dreamers wake up – there will be no ‘far-reaching’ reforms

Travellers faced a second day of chaos across France on Friday as unions pressed on with a strike aimed at forcing President Emmanuel Macron to abandon pension reforms that brought nearly a million people onto […]

The ECB keeps repeating that it is on a path of monetary policy “normalisation”. But what is behind this phrase and why does the ECB like it so much? I argue that it currently functions […]

A simple, straighforward piece that does away with the myth that governments tax to spend. Read here