The latest information from Japan suggests that in December 2023, its inflation fell sharply for the second consecutive month and that one might conclude the inflation episode is coming to an end. The Bank of Japan made the assumption that this supply-side inflation was temporary and would subside fairly quickly once those constraints eased. And they were right
Economics
Chris Dillow: Worker ownership: threat or promise?
It appears that Labour has finally freed itself of the Blairites, is ignoring corporate media (and the Guardian), as well as the centrist liberals. It is a first step, but they will all be back, […]
Economics
Thomas Piketty: Responding to Chinese challenge with democratic socialism
As the Chinese Communist Party (CCP) commemorates its 100th anniversary, Western countries are still struggling to define their attitude towards the Beijing regime. Let me say it straight away: the right answer lies in ending […]
Austerity
Shlomo Ben-Ami: The Threat to Western Democracy Starts at Home
Ben-Ami picks up a number of threads an weaves them together skilfully. These are the usual distractions by political elites enforcing neo-liberalism as they notice that they are losing power. We are seeing the same […]
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