Crossing the Rubicon of monetary financing. COVID-19’s economic impact on crumbling GDPs, collapsing tax revenues and ballooning fiscal deficits will be much larger than what has been reported thus far. Any hesitation in throwing everything […]
Developing countries face a double whammy, the health impact of the virus and their inability to pump out central bank money. Industrialised countries must come to the rescue, for the benefit of all Heiner Flassbeck […]
An analysis of the risks involved in the response to the coronavirus. before, during, and after. Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted from Michael Roberts Blog There […]
The March 2020 US BLS labour market data release reveals a rapidly deteriorating labour market. But as the song goes – You ain’t seen nothing yet! Read here
Richard’s criticism of an article that was recently posted on BRAVE NEW EUROPE by Camille Landais, Emmanuel Saez, Gabriel Zucman entitled “A Progressive European Wealth Tax to Fund the European COVID Response” and proposes his […]
The coronavirus has been the result of excessive human pressure on the biosphere. But its severity is the result of human greed and ignorance. Steve Keen is Distinguished Research Fellow, Institute for Strategy, Resilience & […]
Why America’s Growth Model Suggests It Has Few Good Options Read here
The European Commission and the European Central Bank have changed the eurozone during the crisis in the way that progressive economists have demanded. National governments can now spend more money without fear of deficits or […]
More and more people are realising that it is beyond reform – and that goes for the EU in general. The Eurozone is just the most advanced expression of the neoliberalism built into the EU […]
In this episode, Prof. Harvey talks about the areas of economic and daily life affected and disrupted by the Coronavirus outbreak (tourism, film festivals, sporting events, educational and cultural institutions) and what this means for […]
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