Dr. Gerald Epstein is Professor of Economics and founding Co-Director of the Political Economy Research Institute (PERI) at the University of Massachusetts Amherst. Among his many excellent works he and Juan Antonio Montecino calculated the […]
Diane speaks to openDemocracy about industrial strategy, universal basic infrastructure, moving beyond GDP, and how to build an economy that works for the 21st century.
Our taste for convenience begets more convenience, through a combination of the economics of scale and the power of habit. The easier it is to use Amazon, the more powerful Amazon becomes — and thus […]
Professor David Harvey, the world’s leading expert on Karl Marx, explains the continued importance of Marx’s analysis and how we can apply it to today’s economy and society.
While George Osborne is crowing about the success of austerity, Simon Wren-lewis examines the high costs of Osborne’s failed economic policy. Read here
The ex-chancellor rejoices as his target is finally hit, but austerity has taken a terrible toll Read here
Steve Keen takes a critical look at Monetary Monetary Theory.
The reason for the morphing of the 2008 global financial crisis into a sovereign debt crisis in the Eurozone is to be searched in the neoliberal structure of the euro area. And even if today […]
In June 2018 Switzerland will hold a referendum on its national constitution. The proposal, known as the Vollgeld Initiative (VGI), would transform the Swiss money and banking system, putting an end to private banks’ ability […]
Shutterstock Adam Barrett, University of Sussex On a finite planet, endless economic growth is impossible. There is also plenty of evidence that in the developed world, a continued increase of GDP does not increase happiness. […]
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