Things seem to come in cycles. We have been at this for some years now – trying to articulate the principles of Modern Monetary Theory (MMT) in various ways in various fora. Read here
The Eurozone crisis prompted extensive reform efforts, but what kind of conflict existed among EU member states during the negotiations of these reforms? Using newly collected data on member states’ positions during the negotiations, Fabio […]
Is the world only becoming better and better? How are increases in wealth and life expectancy affected by social inequalities? Why do we hear so little about the global increase in mental illness and its […]
In 2008, collectively, we had the opportunity to reboot a broken financial system so that it became fit for purpose. But instead of reconfiguring it to serve the real economy, politicians and central bankers used […]
A bit technical, but with a little help from your search engine a very interesting article. Read here
This year the eurozone turns twenty. If the first ten were characterized by a complex start-up phase in search of an internal balance, the second decade has been marked by a crisis that has not […]
A year and a half old, but an excellent introduction to Modern Monetary Theory. Mosler starts at about minute 8.
“There is no point in preserving a currency union if it comes at a cost of sabotaging economic growth and the broad welfare of the EU’s citizens” Marshall Auerback is a fellow of Economists for […]
The European Monetary Union is achieving the opposite ofits stated goals: bring its member states closer to an economic equality. Conspicuously, it is Germany that is benefitting from this contradictory policy. Norbert Häring is a […]
The European Union deliberately chooses to subjugate economic prosperity and the well-being of people (jobs, incomes, savings, etc) to maintain an adherence to an ideology that purposely redistributes real resources and incomes to the top […]
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