Bill Mitchell: Modest (insipid) Green New Deal proposals miss the point – Part 2

Harsh economic penalties rarely, if ever, work to change a targeted regime’s behavior; so why does the US still use them? Read Here

Germany’s economy continues to decline. Production in industry August 2023 (in real terms, provisional): -0.2% on the previous month (seasonally and calendar adjusted) -2.0% on the same month a year earlier (calendar adjusted) July 2023 […]

But the D-word du jour is delay. And we’ve become all too familiar with the lexicon employed in its service: “adaptation,” “resilience,” “geoengineering” and “carbon capture.” These words offer the soothing promise of action, but […]