The justification by the US Federal Reserve for pushing up interest rates to quell wages pressure does not stack up with the evidence.
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Bill Mitchell: First signs of a slowdown in the US labour market
Corruption
New York Times: Greek Politicians May Have Taken Bribes from Drug Maker, Prosecutors Say
Once again it is the United States uncovering massive corruption in Europe. This time it is the political nomenclature of Greece, many leading figures in the EU. What has come to light there would be […]
EU politics
Palestine Chronicle: Germany’s Schengen Ban on Pro-Palestine Lawyer Sparks Outcry from International Association of Democratic Lawyers
The International Association of Democratic Lawyers has denounced the detention and deportation of its Deputy Secretary-General Charlotte Kates in Athens, accusing Germany and Greece of weaponizing Schengen bans to silence pro-Palestinian advocacy. Read Article HERE […]
Austerity
Simon Wren-Lewis: MMT and Labour’s fiscal rule
Simon Wren-Lewis, one of the architects of the British Labour Party´s “Fiscal Rule”, replies to Bill Mitchell`s criticism (read here and here) Read here
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