Bill Mitchell: The Meseberg Declaration – don’t hold your breath waiting

“The job of the central bank is not to set the current level of inflation, but to keep wages down by influencing people’s expectations of the future level of inflation.” Read here

1,000 flights by private jet into and out of Switzerland for the five-day Davos event. Then there will be serious discussions about reducing CO2 emissions. There the rich will talk about redistribution of wealth, then […]

Austria’s coalition government has confirmed it will block the landmark EU-Mercosur trade agreement – which should create the biggest free-trade area in the world – saying it goes against the EU’s environmental ambitions set out […]