Banks aren’t “financial intermediaries”, and government spending creates money, rather than borrowing it Steve Keen is an Australian economist and author. A post-Keynesian, he criticizes neoclassical economics as inconsistent, unscientific and empirically unsupported. Cross-posted from […]
Capitalism has changed in a way that is rendering the label ‘neoliberalism’ outdated. The increasing economic and political prominence of Big Tech and asset management corporations has transformed contemporary capitalism in several ways. Most crucially, […]
This column identifies three primary factors contributing to elevated profits in distressed bank mergers, particularly in Europe. Benoît Cœuré is on the Executive Board of the European Central Bank, Harry Huizinga is Professor of Economics […]
NIMA: So nice to have you, Michael, and Richard on again on this podcast. And let’s get started with the current situation of the economy of the United States. And the question is, Michael, to […]
An analysis of Mario Draghi’s report on the future of the EU’s economy Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts blog About a year ago, the […]
BRICS is set to get bigger, and this can only be a good sign for the collective strength of developing nations in a multipolar world. It’s also a bad sign, longer term, for US political […]
The Washington Consensus is dead, and with nothing on the way to replace it the law of the jungle may return. Branko Milanović is an economist specialised in development and inequality. His newest book is […]
Central banks cannot control employment and inflation by fiddling with the base rate of interest. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog Every August the […]
Christianity viewed from a financial perspective Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas […]
Book Review by Branko Milanović The very well-written and easy to read book by Gary Gerstle (The Rise and Fall of the Neoliberal Order) makes two key points. First, and continuing from Gerstle’s previous book […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes
