Austerity
Simon Wren-Lewis: The economic and political cost of UK austerity
While George Osborne is crowing about the success of austerity, Simon Wren-lewis examines the high costs of Osborne’s failed economic policy. Read here
Economics
Austerity
Ann Pettifor: A triumph for George Osborne’s austerity plan? Not when our social fabric is in tatters
The ex-chancellor rejoices as his target is finally hit, but austerity has taken a terrible toll Read here
Economics
Steve Keen – Does Modern Monetary Theory make sense?
Steve Keen takes a critical look at Monetary Monetary Theory.
Economics
Riccardo Mastini – Eurozone: from neoliberalism to democracy?
The reason for the morphing of the 2008 global financial crisis into a sovereign debt crisis in the Eurozone is to be searched in the neoliberal structure of the euro area. And even if today […]
Economics
Positive Money: Will Switzerland be the first country in the world to introduce a Sovereign Money System?
In June 2018 Switzerland will hold a referendum on its national constitution. The proposal, known as the Vollgeld Initiative (VGI), would transform the Swiss money and banking system, putting an end to private banks’ ability […]
Economics
Adam Barrett – How capitalism without growth could build a more stable economy
Shutterstock Adam Barrett, University of Sussex On a finite planet, endless economic growth is impossible. There is also plenty of evidence that in the developed world, a continued increase of GDP does not increase happiness. […]
Economics
Chris Dillow: ENLIGHTENMENT & THE CAPITALIST CRISIS
Lieberalism is being threatened by exactly that which created it: capitalism. Read here
Economics
Richard Murphy – Public Sector Borrowing
We have been posting a number of articles regarding Modern Monetary Theory. Here Richard Murphy, one of the world’s leading tax experts, explains how it works, and the advantages. Richard Murphy is Professor of Practice in […]
Economics
Thomas Fazi and William Mitchell – Tax havens must be closed, but not for the reasons you think
It is commonly believed that tackling tax evasion/avoidance is crucial to the viability of the welfare state and to the sustainability of public finances in Europe. A correct understanding of economics, however, tells a different […]
Economics
Alexander Tziamalis – Why our obsession with GDP ignores harm done to welfare and the world
Shutterstock Alexander Tziamalis, Sheffield Hallam University One of the first things economics students learn about is Gross Domestic Product (GDP). GDP is also a central concept in many political debates, including Brexit. Will it rise? […]