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 […]
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 […]
Politically you can ignore some of the people some of the time…but you can’t ignore all the people all of the time. For many years European citizens have intuitively opposed unaccountability, a lack of political […]
We are incessantly confronted with a good news narrative concerning world poverty. Many prominent scholars contradict this, pointing to increasing inequality. Jason Hickel examines one of the best known graphs behind the “success story” that […]
The modern monetary theory debate is welcome in a world laying bare the constraints of conventional policy Read here
Another thought-provoking piece by Michael Roberts leaving no economic theories looking terribly convincing. A brilliant weekend read. Michael Roberts – Economist in the City of London and prolific blogger Cross-posted from Michael Roberts Blog Last […]
Sorry, somehow we fell behind. We shall catch up. They are great talks, even if you are already familiar with Capital. The page numbers Professor Harvey refers to are valid for both the Penguin Classics […]
Two of the key developers of Modern Monetary Theory (MMT) talk about its past, present and future state. Stephanie Kelton defines the difference between deficit hawks & doves (a la Krugman) as the choice between […]
While in the UK economists seem to be losing it completely in the discussion around Modern Monetary Theory (which is why we do not cross-post most of it) and the rest of the continent is […]
This has been so obvious for years: the EU as money laundering and tax haven. These practices have however brought a lot of money into economies crippled through austerity and the resulting lack of investment. […]
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