On 1 April in Berlin in our series of talks entitled “Economics beyond the Swabian hausfrau” Branko Milanović discussed the evolution in global income inequality and its political implications; in particular, the rise of the middle class in Asia, income stagnation of the rich countries’ middle classes, with special emphasis on the current European situation, migration as part of globalization, and the emergence of global plutocracy (global top 1 percent).
We are posting this video featuring Marco Buti, Director-General for Economic and Financial Affairs at the European Union, because it epitomises the arguments of the EU-Elite: The EU is beholden to rules and institutions, not democracy. […]
IIPP Director Mariana Mazzucato speaks on new book about the concept of value, with audience Q&A chaired by Paul Mason. Watch here
This talk at the European Central Bank covers the failure of economic theorists of all persuasions, not only Neoclassical, to properly incorporate energy into their models of production, and the failure of Neoclassical economists to […]