Economics
Kim Moody: Modern capitalism has opened a major new front for strike action – logistics
Capitalism’s new Achilles heel: logistic centres. Read here
Economics
Economics
Richard Murphy – The reasons to tax
Politicians claim that government spending is limited by taxes: “You cannot spend what you don’t have”. Nonsense explains Richard Murphy. Governments spend the money they print, something only they are allowed to do. Thus there […]
Austerity
Bill Mitchell: Ireland – not as rosy as the official story might suggest
Ireland has made itself look ridiculous. Official figures showed the Irish economy grew by an unbelievable 26pc in 2016 – more than three times faster than first thought. This was quickly dismissed by economists as “farcical”. […]
Economics
Steven Hall: Why have wages been allowed to stagnate?
There are many reasons for stagnant wages but the most salient was the sell out by the leftist parties, in Europe the Social Democrats. Read here
Austerity
Emma Clancy – Some euros are more equal than others: trade imbalances and debt crises
The Euro has failed Europe’s citizens, resulting in Germany’s financial hegemony. This is the fourth article in a series presenting the report The Future of the Eurozone. Preivous articles in this series are here, here, and […]
Austerity
Lars P. Syll – The causes of secular stagnation and the loanable funds theory
The poor state of the Western economies is our fault. Repeatedly one reads and hears that secular stagnation is the result of a savings glut – we are not spending enough, although priivate debt has […]
Austerity
Frances Coppola: The terrible price of austerity
Was Hitler the product of austerity? In her blog Frances Coppola asks if austerity played an important role in Hitler’s rise to power. She comes to the conclusion that it did and warns: “Learn from […]
Economics
Yanis Varoufakis: Bitcoin, Blockchain and the Future of Europe
In this interview Yanis Varoufakis discusses Bitcoin’s bubble, the fantasy of apolitical money and the opportunities for the blockchain to reform Europe. Read here
Economics
The Coming Crisis, Edited by Colin Hay and Tom Hunt
Book review by David Shirreff A good title does not guarantee a good book, and this one is good only in parts. Everyone would love to know where and when the next crisis will come, […]
Austerity
Bill Mitchell: Germany – a most dangerous and ridiculous nation
In this typically lengthy article Mitchell reviews how and why Germany is imposing its economic policy upon Europe. Read here