The mainstream economists keep claiming that fiscal deficits are undermining the future standards of living of workers – an erroneous claim at best.
The Independent: Reject austerity to defeat populism, Portugal’s socialist prime minister António Costa tells EU
Portugal has abandoned austerity – maybe not in a radical manner – but even then the nation’s citizens and economy are faring much better than it ever did under austerity. Read here
Germany has adopted the strategy that it can permanently game its Eurozone partners through its mercantilist approach. Read here
One of the biggest problems in Britain is corporations and managers that don’t pay their way. They rely on the state for protection yet siphon off their profits to tax havens. Their workers are monitored […]