During the GFC, a new phenomenon emerged – the ‘We knew it all along’ syndrome, which was characterised my several mainstream New Keynesian macroeconomists coming out and claiming that some of the insights provided by Modern Monetary Theory (MMT) economists were banal and that their own theoretical framework already accommodates them.
European Banking Union still has important gaps and deficiencies. A new CEPR Policy Insight analyses what it would take to get it unstuck. Read Here
Financial players made bumper profits on food commodities trades, analysis finds, but experts fear this contributed to spiralling food prices Read HERE
The EU wants to save our climate with supposedly green biofuels and has deemed palm oil “sustainable”. Yet on the other side of the globe, rainforests are being clear-cut to produce the 1.9 million tons […]
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