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.
From The Guardian What Owen Jones writes about the British media probably holds true for the media in most European nations. Read here
Poland has submitted a complaint to the European Union’s top court against copyright rules adopted by the bloc in April to protect Europe’s creative industries, which Warsaw says may result in preventive censorship. Read here
Nothing since the GFC has convinced me that the EMU can be reformed in any meaningful way to resolve the inherent flaws in its architecture, which reflect the neoliberal bias which set the system up […]