The Long Depression has become a fantasy world of rising financial asset prices, low investment and productivity growth, where nearly everybody can get a job (working part-time, temporary or self-employed), but not a living. Michael […]
“The primary antagonist of the traditional proletarian was the boss. The primary antagonistic of the precariat is the state. A precariat revolt (hopefully peaceful) will lead to a new distinctive distribution system.” – Guy Standing, […]
There will be life after Brexit and it is good to see that there are progressive thinkers who are preparing for this. Kate Pickett and Richard Wilkinson are professors of epidemiology, co-founders of The Equality […]
MMT is about the way the world actually works. It explains why big deficits do not drive up interest rates or “crowd out” private investment, and why big governments in big countries don’t go bankrupt. […]
It is time to comprehend that the Green New Deal will lead us to a solution to climate change – not the free market or financial incentives, which have not worked. Ellen Brown is an […]
The international tax system for taxing multinational corporations is coming apart at the seams. We are now entering one of the most significant turning points in world tax history. Read here
Pavlos´s talk in our series “Economics beyond the Swabian hausfrau” organised by OXI, Netzwerk Plurale Ökonomik , and BRAVE NEW EUROPE. Pavlos is the author of the book “A Happy Future is a Thing of […]
Recent reports on wage growth disguise the fact that only high earners are benefitting. Geoff Tily is a Senior Economist at the Trades Union Congress Cross-posted from the Trade Unions Congress In recent months, headline […]
It seems a puzzle why, at its March 7 meeting, the European Central Bank indulged in sedate tinkering despite the mounting risk of a damaging eurozone recession. The puzzle has a simple answer. The ECB […]
Fundamentally, this proposed merger isn’t about creating a robust and profitable bank. It is all about German politics. Germany would suffer considerable loss of face if its largest bank were forced into the ignominious European […]
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