This is one of those all-time historical events that make the severe crises of the past (early 1980s, 1990s, GFC – look like blips).
Economics
Bill Mitchell – They never wrote about it, talked about it, and, did quite the opposite – yet they knew it all along!
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 […]
Corruption
Romania Insider.com: Romania’s ruling party prepares high-treason case against president
Yes, Romania is an EU member state. And yes, these are Social Democrats and Liberals, both considered excessively corrupt, members respectively of the social democratic Party of European Socialists and Alliance of Liberals and Democrats […]
Economics
Wolfgang Streeck – Engels’s Second Theory: Technology, Warfare and the Growth of the State
Friedrich Engels famously spent his working life in the shadow of Karl Marx, a position he now occupies for posterity, and one in which he willingly placed himself. Born in 1820 in the Rhineland town […]
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