One question that continually comes up when I do interviews is this: If governments are not financially constrained in their spending why do they issue debt?
This is another lengthy piece by Bill Mitchell, but well worth taking the time to read. As he writes: “the problem of tax avoidance and evasion is not fiscal. Progressives get stuck on that point. […]
How Bertelsmann mixes business, philanthropy and Continental politics. Read here
Last week, the EU finance ministers (the ‘Eurogroup’) met (June 13, 2019) in Luxembourg as part of their regular schedule. There was a lot of talk in the lead-up to the meeting whether Emmanual Macron’s […]