Economics
Chris Dillow: ENLIGHTENMENT & THE CAPITALIST CRISIS
Lieberalism is being threatened by exactly that which created it: capitalism. Read here
Economics
Economics
Richard Murphy – Public Sector Borrowing
We have been posting a number of articles regarding Modern Monetary Theory. Here Richard Murphy, one of the world’s leading tax experts, explains how it works, and the advantages. Richard Murphy is Professor of Practice in […]
Economics
Thomas Fazi and William Mitchell – Tax havens must be closed, but not for the reasons you think
It is commonly believed that tackling tax evasion/avoidance is crucial to the viability of the welfare state and to the sustainability of public finances in Europe. A correct understanding of economics, however, tells a different […]
Economics
Alexander Tziamalis – Why our obsession with GDP ignores harm done to welfare and the world
Shutterstock Alexander Tziamalis, Sheffield Hallam University One of the first things economics students learn about is Gross Domestic Product (GDP). GDP is also a central concept in many political debates, including Brexit. Will it rise? […]
Economics
Positive Money – Why I Care About Sovereign Money
Neo-liberalism has been so successful, among other reasons, that most people do not understand economics. Austerity would never have been possible with well-informed citizens. Positive Money is trying to disseminate knowledge concerning money – something […]
Economics
Laurie Laybourn-Langton: Lies, damn lies, and GDP
GDP is not fit for purpose. This is something many know, but upon which hardly anyone is acting. Read here Also see here
Austerity
The Guardian: UK millennials second worst-hit financially in developed world, says study
Neo-liberalism is out to get the young. They are especially vulnerable. They have little experience in self-organisation and do not vote. Greece is the victim of German neo-liberalsim, Britain’s current situtation is the result of […]
Economics
Open Democracy – Can radical social democracy save us?
Paul Mason, Dr Faiza Shaheen, Anthony Barnett and Dr Johnna Montgomerie discuss whether radical social democracy offers a way out of the crisis of neoliberalism, and what that means for future economic policy. […]
Economics
Branko Milanovic – How is the world ruled?
It’s a funny old world – or one in which lies are formed into a reality to ensure power. Read here
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.