Bill Mitchell: More evidence against the ‘trickle down’ orthodoxy in macroeconomics

Key findings:Flash UK PMI Composite Output Index(1) at 50.9 (Jul:52.1). 18–month low.Flash UK Services PMI Business Activity Index(2) at52.5 (Jul: 52.6). 18–month low.Flash UK Manufacturing Output Index(3) at 42.4(Jul: 48.9). 27–month low.Flash UK Manufacturing PMI(4) […]

A different take on the recent British general election. Very long, so make yourself a mug of tea. Read here

The authors identify a phenomenon that we saw in the election of Donald Trump as president of the USA: People identify with the rich and powerful – to which they will never belong – rather than […]