Bill Mitchell: Modern Monetary Theory is just plain old bad economics – Part 1

The financial sector is hailed as the crowning glory of the UK economy. But as it blooms, everything else withers. This is true wherever the financial sector becomes dominant in the economy, similar to what […]

This is a truly fascinating article, but on the other hand Davies does not mention the most important, and really only pertinent fact: with neo-liberalism we are experiencing one of the most rabid attacks of […]

EU parliamentarian Sven Giegold accuses Malta of being soft on money-laundering. That is of course a euphemism: Better would be avid supporters of money-laundering Read here