Austerity
Frances Coppola – Greece: The Greatest Depression
The Greek people have just lived through a Depression as deep as the Great Depression and considerably longer. It is now the greatest recorded peacetime Depression. Read here
Economics
Economics
New Economics Foundation – Can populism be progressive?
Jeremy Corbyn and Donald Trump; Erdogan in Turkey and the Five Star Movement in Italy; Podemos in Spain and Rodrigo Duterte in the Philippines. All of them have been described as populists. But what does […]
Economics
Richard Murphy – Britain: Will Carney break the Bank?
The problem is that most major central banks are being asked to solve what are fiscal problems, which can only be resolved by government policy. Richard Murphy is Professor of Practice in International Political Economy, […]
Austerity
Bill Mitchell: The fundamental realignment of British society via fiscal austerity
Mitchell ‘s conclusion: “It is almost inconceivable that an advanced nation could tolerate the sort of changes that have been occurring in Britain over the last 8 years or so.” Read here
Economics
Heiner Flassbeck and Joachim Nanninga: TARGET 2 – or how to stir up the people
After the German TARGET 2 balance has almost reached a plus of a trillion euros there is a new wave of alarming articles in Germany, in which eternally scaremongering German economists try to make the […]
Economics
Frances Coppola: The Irish Central Bank’s Fiscal Problem
Tensions arising between central banks and governments in the Eurozon, in response to attempt by governor of Central Bank of Ireland to dictate fiscal policy Read here
Economics
Martin Wolf – Understanding Economics
Martin Wolf argues that, to be a truly democratic and prosperous society, we need a new and comprehensive movement devoted to public engagement with economics. Listen here
Austerity
John Weeks – Free markets and the decline of democracy
What is the source of the 21st century tendency to authoritarianism? The central purpose of neoliberal re-regulation is to remove economic policy from control by representative democracy. John Weeks is Professor Emeritus at SOAS, University of […]
Austerity
Noam Chomsky: The Resurgence of Political Authoritarianism
Noam Chomsky on a number of topics concerning the inexorable rise of authoritarianism worldwide. Read here
Economics
Phillip Inman: Household debt in UK ‘worse than at any time on record’
The classic question in economics is: If capitalists pay their workers too little, who is going to buy the capitalists’ products. Here is the answer. The same workers, who have to borrow from the banks, […]