John Weeks is Professor Emeritus of Economics, SOAS University of London, & editor for Progressive Economist Group. Cross-posted from Prime Economics What Crisis? For the last several years the media have carried reports […]
As this article demonstrates, EU financial policy is neither determined by law, nor through democratic process, but by its hegemon German led capital. Andy Storey is a lecturer in political economy at University College Dublin […]
Simon Wren-Lewis answers five basic questions concerning national debt: The country will go bankrupt When will the debt be paid off? Money could go on something more useful than paying interest Why should my taxes […]
Our economic system didn’t intend to suppress the social mobility of working-class kids, but it has. Now their prospects are so bleak that Labour’s promises to the postwar working class seem practically Bolshevik Read here […]
The essential insight of Modern Monetary Theory (or “MMT”) is that sovereign, currency-issuing countries are only constrained by real limits. They are not constrained, and cannot be constrained, by purely financial limits because, as issuers […]
Book Review by Mathew D. Rose Heikki Patomäki is Professor of World Politics at the University of Helsinki, an academic with passions which, despite the scholastic format (and price) of his newest book,Disintegrative Tendencies in […]
A country that stops investing in public infrastructure will find everything it does becomes more difficult. Read here
Just as wtih GDP, productivity as such is not good. It depends on the type of productivity as Lindsay Mackie explains. Lindsay Mackie was trained as a journalist in Scotland and joined The Guardian as a […]
The programme begins at 8:19. The sound is very poor. Sara Mahmoud, Senior Economist, New Economics Foundation Tony Greenham, Director of Economy Enterprise and Manufacturing, RSA Josh Ryan-Collins, Senior Research Associate, Institute for Innovation and […]
This is a problem that we all have. We know that GDP is the wrong metric, but we still use it. It is like flying. Everyone know this is one of the worst causes of […]
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