Austerity
Larry Elliot: Attacks on McDonnell a sign Tories know stance on borrowing is defunct
Obsession with debt reduction has been disastrous and arguments against a borrow-to-invest approach no longer pass muster Read here
Economics
Economics
Rasmus Hovedskov Hansen and Ian Alexander Lovering: Can the Eurozone resolve its macroeconomic imbalances before the next crisis?
The Macroeconomic Imbalance Procedure attempts to prevent future economic crises within the Eurozone by remedying emerging imbalances. Precisely how to achieve this, however, has opened a struggle for the very direction of European governance. Rasmus […]
Economics
Steve Keen – FT Alphaville interview by Izabella Kaminska
FT Alphaville interview by Izabella Kaminska encoded-773138d0559c746e466ac6247fb748ee-64.mp3 Izabella is one of the key intellects behind the Financial Times’ Alphaville project: to get an appreciation of her calibre, read her post below on the topic du […]
Economics
Jeff Tan – Railway renationalisation
Rail privatisation has failed to deliver better value services, capital investment, and reductions in public subsidies. Despite this successive rail reforms have been unable or unwilling to renationalise the railway network and address the underlying […]
Economics
Heiner Flassbeck – Hooray, they’re letting us just about manage!
How neo-liberalism is once again moving the goalposts with regard to worker’s earnings and those who don’t even notice it Heiner Flassbeck is an economist, as well as publisher and editor of “Makroskop” and “flassbeck […]
Economics
Kate Raworth – Doughnut Economics: seven ways to think like a 21st century economist
Kate Raworth talks about her book “Doughnut Economics” Listen here
Economics
John Rapley – The Bitcoin Mania
Bitcoin “hacked into the global financial system to reveal the dirty little secret of the neoliberal age – namely, that this economy is increasingly built on illusions and conjuring tricks.” John Rapley is a political […]
Economics
John Weeks – It’s simple: [Great Crash]+[Tory austerity] = productivity decline
John Weeks is Professor Emeritus of Economics, SOAS University of London, & editor for Progressive Economist Group. Cross-posted from Prime Economics What Crisis? For the last several years the media have carried reports […]
Economics
Andy Storey – The Myths of Ordoliberalism
As this article demonstrates, EU financial policy is neither determined by law, nor through democratic process, but by its hegemon German led capital. Andy Storey is a lecturer in political economy at University College Dublin […]
Austerity
Simon Wren-Lewis: Government debt phobias, and possible cures
Simon Wren-Lewis answers five basic questions concerning national debt: The country will go bankrupt When will the debt be paid off? Money could go on something more useful than paying interest Why should my taxes […]