That monetary policy has lost its effectiveness is common knowledge, although neo-liberal governments and economists continue their policy of pretend and extend. Bill Mitchell addresses the political aspect of fiscal policy as the alternative.
New orders in manufacturing, October 2023 (in real terms, provisional): -3.7% on the previous month (seasonally and calendar adjusted) -7.3% on the same month a year earlier (calendar adjusted) Turnover in manufacturing, October 2023 (in […]
An interview with Bruno Poncet Yesterday, French rail workers kicked off months of rolling strikes against Macron’s attacks on their working conditions. Read here
The poorest half of the global population will still emit far below the 1.5°C-aligned level in 2030. The richest 1 percent and 10 percent of people are set to exceed this level by 30 times […]
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