Professor Heiner Flassbeck shows it defies macroeconomic logic to promote surpluses for Germany, prohibit government deficits everywhere else and forbid the central bank from acting as the central bank of each and every EURO member
Yanis Varoufakis on the current economic situation in the EU.
Helle Panke spoke with David Graeber about the difference between so-called systemically relevant jobs and bullshit jobs, about the differences between the financial crisis and the current Covid crisis and what is to be done […]
This article was written before the COVID-19 outbreak, but has first been published by Tax Justice Network now. Wall Street and the City of London are finally starting to take climate change seriously, as a […]
“In essence, the Eurozone has proved to be a clumsy experiment in monetary-fiscal schizophrenia that has undermined democratic control“ “The pandemic and its economic aftermath will expose in all its harshness the loss of democratic […]
For decades, monetary policy has been treated as technical, not political. The pandemic has ended that illusion forever. Read here
The European Union has been tested over its response to the COVID-19 pandemic – and it has been found sorely lacking. The resulting lack of vision, of solidarity in times of crisis, raises fundamental questions […]
Covid-19 has sharpened the divide between landlords and tenants, and debtors and creditors. We all must ask: whose side are we on? Laurie Macfarlane is economics editor at openDemocracy, and a research associate at the […]
This is the introduction to a new report by Positive Money entitled !The Tragedy of Growth, To protect wellbeing and avoid ecological disaster we must abandon GDP growth and transform our economic system”, which outlines […]
The debt crisis was acute before anyone even knew what a coronavirus is. The current crisis has simply brought it to a head. Michael Roberts is an Economist in the City of London and prolific […]
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