Modern Monetary Theory (MMT) not only threatens vested neo-liberal interests in politics but also challenges the hegemony of mainstream macroeconomists who have been able to dominate the policy debate for decades using a series of linked myths about how the fiat monetary system operates and the capacities of currency-issuing governments within such a system. MMT exposes these myths.
To give you an idea of how hard hit the economies of Southern European nations were hit by the coronavirus crisis: the total expenditure by tourists resident abroad whose main destination is Catalonia was 432 […]
This completes the brilliant EU trilogy by Perry Anderson on BRAVE NEW EUROPE Read here
“The latest – EIB Investment Report 2017/2018 – published last week by the European Investment Bank tells anyone who cares to take those Europhile Rose Coloured Glasses off for just a second how deep the failure of […]
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