Bill Mitchell: Massive wastage of labour in the European Union

The gap between the very rich and the rest is wider in Britain than in any other large country in Europe, and society is the most unequal it has been since shortly after the First […]

Massive government size does not necessarily mean massive fiscal deficits. Read HERE

Only for the third time in its history, the eurozone had had four consecutive months of deflation. Many EU politicians are calling for the re-introduction of austerity in the hopes of increasing the eurozone’s efforts […]