Now that prominent mainstream economists have grudgingly accepted some of the elements of Modern Monetary Theory, they are simultaneously trying to discredit it to save face.
Read here
Bill Mitchell: On money printing and bond issuance – Part 1
Finance
Richard Murphy: The case against subsidising the Isle of Man to be a tax haven goes to the House of Commons
The whole situation surrounding tax havens becomes more absurd by the day. This sums up well still another example of this hypocrisy. Read here
Finance
Reuters: U.S. Labor Secretary supports classifying gig workers as employees
Shares of gig economy groups dive on comments by US labour official Read here
Environment
The Telegraph: France becomes first country in Europe to ban all five pesticides killing bees
It is that simple. Read here
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