Bill Mitchell: Madness on both sides of the Atlantic

Depressing wages, slashing investment, reducing taxes for corporations and the rich. German austerity to drive its export economy in support of international corporations. The Deutsche Bahn is a typical victim of this austerity. What the […]

The shams about governments not having enough money to provide adequate housing, schooling, health care, employment, other services, and a sustainable response to climate change are now exposed for all to see. Read here

There are two economic theories that have been thoroughly discredited, but are still ubiquitous in mainstream media: austerity enables economic growth and giving the rich still more money results in a trickle-down effect creating a […]