Austerity
John Weeks – Austerity
John Weeks explains why one does not need an economist to understand economics, why austerity in Britain was and is unnecessary, the importance of gilts in a society, and lots more.
Economics
Austerity
Sergio Cesaratto – Tragic but not serious: the surreal document of the 14 Franco-German economists
Surrealism is king! Germany and other European neo-liberal policy makers are trying to take control of Italy’s finances. As usual, neo-liberal economists are there to help. Sergio Cesaratto is Professor of Growth and Development Economics […]
Economics
Ann Pettifor – Do tax revenues finance government spending?
No. There are a number of misconceptions of how state finances function. In this piece Ann Pettifor adresses one of these: why taxes are not used for spending. Ann Pettifor – Economist, director of Policy […]
Deregulation
Asbjørn Wahl – The Crisis of Social Democracy
In Norway the labour Party “changed from being a mass organization for working people into an administrator of the class compromise”, writes Asbjørn Wahl. Neo-lieralism has no desire for compormise and thus no use for […]
Deregulation
Ann Pettifor – The financialisation of the housing market
Sky.rocketing house prices have nothing to do with a shortage of housing. It is the result of speculation. To make matters worse, property has become financialised, thus converting it from a place to live and […]
Economics
Chris Dillow: NEOLIBERALISM AS LACK OF SELF-RESTRAINT
“…neoliberal bosses have something in common with child molesters. Both lack restraint in the pursuit of their own self-gratification in situations where they think they can get away with it.” The problem is not greed […]
Deregulation
John Harris: Profiteers make a killing on Airbnb – and erode communities
The Sharing Economy is simply capitalism in new clothes. Housing shortage is bewailed throughout Europe, but important causes like Airbnb ignored. Nor does anyone mention how communities, especially in inner cities, are being destroyed by […]
Climate Crisis
Will big business destroy our planet? By Peter Dauvergne
Book review by Kieran Cooke Big business says it’s leading the world to a sustainable future. But a new book says that’s a highly implausible claim. Transnational corporations, or TNCs, or just plain big business, […]
Economics
Richard Murphy – Modern monetary theory in a nutshell
Here is something to mull over on the weekend. BRAVE NEW EUROPE features a number of authors who are proponents of Modern Monetary Theory (MMT). We consider it an extremely important idea and shall continue […]
Austerity
Simon Wren-Lewis: Decreasing the size of the state is very unpopular
Why? Why have we been told for decades that people are fed up with state intervention and state run companies? It is not only the bubble politicians live in. Wren-Lewis fails to mention the integral […]