French and German banks have more than $400 billion at stake and would lose big if the country left the currency union.
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Economics
Bill Mitchell – Build it in Britain is just sensible logic
On Tuesday Jeremy Corbyn gave a speech announcing plans to change the way the British government spends if he is to be elected: the government would prioritise British producers. Here is Bill Mitchell´s take on […]
Economics
Mariana Mazzucato: Who Really Creates Value in an Economy?
Ten years after the global economic crisis, profits have recovered, but investment remains weak. Ultimately, the reason is that economic policy continues to be informed by neoliberal ideology and its academic cousin, “public choice” theory, […]
Austerity
George Monbiot: Look to Sheffield: this is how state and corporate power subverts democracy
The destructiveness and reach of neo-liberalism is made clear in this piece by George Monbiot. It is a question of felling some trees in the city of Sheffield in the UK, but one can see […]
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