It is noticeable that the economic mainstream is becoming increasingly uncomfortable by the increased interest in Modern Monetary Theory. Bill Mitchell is right. There appears to be an effort to co-opt Modern Monetary Theory under the motto: There is no real difference between them and us. It is a minor conflict. But it isn´t. Mitchell does a brilliant job of defining the most important differences in this article.
Polish farmers are planning a large protest in Warsaw to voice opposition to agricultural imports from Ukraine, and EU agricultural policies, Farmer.pl reported on Jan. 2. Read HERE
Thomas Piketty looks at Europes´s failed immigration policy Read here
The lack of trading in the 10-year JGB is a sign that the gamblers in the investment banks have given up their power play against the Bank of Japan. They have finally got the message […]
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