Often cited, seldom read. Branko Milanovic finally reads the whole of Adam Smith’s The Wealth of Nations and reflects upon its meaning.
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Branko Milanovic: The bitterness of Adam Smith
Economics
Bill Mitchell: Operationalising core Modern Monetary Theory principles – Part 2
This is the second and final part of this cameo set, which aims to clear up a few major blind spots in peoples’ embrace with Modern Monetary Theory (MMT). Read here
Austerity
Aditya Chakrabortty: Austerity, not Brexit, has doomed the Tory party
While the mainstream press cannot publish enough articles about Brexit – most authors having no idea of what they are writing about – the true disaster in Britain is being ignored: austerity. That is because […]
Economics
More V-Recovery – Eurozone: January Exports fall 11.4%
The first estimate for euro area exports of goods to the rest of the world in January 2021 was €163.1 billion, a decrease of 11.4% compared with January 2020 (€184.0 bn). Imports from the rest […]
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