Austerity
Hellenic Statistical Authority – Greece’s GDP decreased by 8.2% in 2020
The Troika’s policy appears not to be going as planned. Read here
Austerity
Austerity
Bill Mitchell: We are undermining our futures by deliberately wasting our youth
We see that not only is the EU killing its present, but in doing so, it is also undermining its future prosperity because of the way youth are losing out in Europe. Read here
Austerity
Heterodox Challenges in Economics by Sergio Cesaratto
Book Review by Mathew D. Rose Puoi leggere questa recensione del libro in italiano qui I never thought that I would describe an economics book as “a delightful read”, but “Heterodox Challenges in Economics” by […]
Austerity
Bill Mitchell – The ‘disciplining role of markets’ should be replaced by the disciplining role of democracy
Capital through its lobbying power has also meant that there is now democratic deficits rising all around the world. So, we don’t even get to express our political choices on an even playing field. Read […]
Austerity
Thomas Fazi – Mario Draghi is the problem, not the solution
Why would the bodily incarnation of neoliberalism represent a solution to Italy’s woes? Thomas Fazi is a writer, journalist and translator. His latest book ‘Reclaiming the State’ is published by Pluto Press. This is an […]
Austerity
Bill Mitchell: Central banks should just write off all their government debt holdings
Why and how the ECB should write off its debts and continue taking over member states ost-COVID investment costs. Read here
Austerity
Yanis Varoufakis – The EU’s multiple failures are due to its immunity to democracy – The New Statesman
From denial, to grudging acceptance, to substantial intervention, to debacle: that was the European Union’s trajectory once the storm that nearly consumed Wall Street in 2008 had crossed the Atlantic, starting the euro crisis. Twelve […]
Austerity
Interview with Sergio Cesaratto: Draghi and the Italian Melodrama
Neither the recovery fund nor Draghi will bring Italy out of its crisis. Sergio Cesaratto is Professor of Growth and Development Economics and of Monetary and Fiscal Policies in the European Monetary Union, University of […]
Austerity
Bill Mitchell: A very dangerous variant of the global virus is spreading again after being subdued throughout 2020
There is a new variant of the global virus spreading again after being subdued throughout 2020. This is a very dangerous variant and if it takes hold will guarantee massive human suffering, and, a further, […]
Austerity
Michael Roberts – Ecuador: reversing the pandemic slump?
It never ceases to amaze us how academics and pundits cannot be effusive enough about radical changes in IMF policy – well at least the policy papers it publishes. Looking at Ecuador and Nigeria, in […]