The dissonance in mainstream economics and the political debate about policy settings is getting deeper and more public.
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Bill Mitchell: We are approaching a period of fiscal dominance
Austerity
Chris Dillow: Getting away with murder
In his blog Chris Dillow is referring to the article by Simon Wren-Lewis “The economic and political cost of UK austerity” Dillow asks the important question: “How did they get away with this?” and gives […]
Finance
David Graeber: We’re racing towards another private debt crisis – so why did no one see it coming?
From The New Statesman As in 2008 private debt threatens to provoke the next financial crisis in the United Kingdom. Once again the facts are being ignored by those financial instituions responsible. Read here
Corruption
Prem Sikka: The UK’s financial regulators are presiding over widespread corporate failure
As we are probably heading into the next financial crisis, afterwards there will be the great outcry concerning the lack of regulation. It never went away following the last financial crisis. Read here
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