That ‘naturalisation’ of concepts and theories that are manifestly wrong in terms of how they represent our reality are reinforced by the set of myths that go to the core of mainstream macroeconomics.
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Climate Crisis
Transport & Environment – True cost of Big Oil’s profits: Trillions in unpaid health and environmental costs
BP, Eni, Repsol, Shell, and TotalEnergies have paid back just 5% of the €13 trillion in societal and environmental debt. Read Here
Austerity
MMT Podcast: Bill Mitchell, Pavlina Tcherneva & Modern Money Australia: MMT And The New Social Contract
MMT co-founder Bill Mitchell and Job Guarantee expert Pavlina Tcherneva talk with the team at Modern Money Australia about lessons learned from the Covid crisis and a new way forward. Listen here
Economics
Richard Murphy: The government does not spend taxpayers’ money: that clears the government’s debt to the Bank of England
Richard Murphy explains that taxes do not finance govenment spending, but helps to pay down debts. A government creates it own funds or borrows money when it needs it. The idea that a government cannot […]
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