Bill Mitchell: The income-expenditure relationship in macroeconomics – graphic treatment

Just imagine: A doctor develops an ingenious diagnostic tool that can avoid misdiagnoses in many diseases, but the vast majority of his colleagues don’t want to use it because they think misdiagnoses are just part […]

‘The crash of 2008 was supposed to augur the end of ultraspeculative financial capitalism. But financial actors have actually gone from strength to strength since then, and fictitious capital is a bigger menace to global […]

‘Saturday saw protests across France after Emmanuel Macron named conservative Michel Barnier as prime minister. The decision fueled claims that Macron had ignored July’s election result — but has also put the victorious left-wing alliance […]