Jim Stanford – The minimum wage myth
There is another myth that needs slaying: Minimum wage increases kill jobs
There is another myth that needs slaying: Minimum wage increases kill jobs
They said it could not be. If you raise the minimum wage, jobs would be lost. Right? Wrong. Here interesting information from the US concerning Seattle’s ambitious minimum wage programme.
Globalisation has been caught in a steel trap of its own making. Its crisis is due to too much money in the wrong hands. Yanis Varoufakis analyses the world crisis and offers concrete solutions. Read […]
Can economics be entertaining? Try this:
Taxes are there to take from the poor and give to the rich. Neo-liberalism is socialism turned on its head.”This situation is not only unjust, corrupt and undemocratic, it is unsustainable.” Read here
Why do people tolerate the current obscene inequality in the world? There could be a number of reasons. Read here
There are three kinds of lies: lies, damned lies, and statistics’ according to Disraeli. Dani Rodrik gives some advice for the ecnommist and non-economist on how to deal with the controversies surrounding economics. Read here […]
Capitalism’s new Achilles heel: logistic centres. Read here
Politicians claim that government spending is limited by taxes: “You cannot spend what you don’t have”. Nonsense explains Richard Murphy. Governments spend the money they print, something only they are allowed to do. Thus there […]
Ireland has made itself look ridiculous. Official figures showed the Irish economy grew by an unbelievable 26pc in 2016 – more than three times faster than first thought. This was quickly dismissed by economists as “farcical”. […]
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