A closer look at an ignored aspect of eurozone monetary policy Sergio Cesaratto is Professor of European monetary and fiscal policies, International Economics, and Growth and development at the University of Siena Adapted for Brave […]
While the ECB paper does not exactly state the obvious the meaning is clear – even to get within a ballpark of what is required will require substantial austerity being imposed on areas of expenditure […]
Recognizing that money is its own domain allows us to see productive activity as an open-ended historical process, rather than a static problem of allocation J. W. Mason is Associate Professor of Economics at John […]
Interesting conversation between two experts on the history of global economic governance. In ‘Phenomenal World’. Read the article HERE.
The US needs to attract foreign currency to maintain the Dollar’s hegemonic position: what better way than via cryptocurrency? Michael Hudson is an American economist, a professor of economics at the University of Missouri–Kansas City, […]
Financial crises are not complicated, and many claim to know why they happen and how to prevent them. Why then do they happen with such alarming frequency? Jon Danielsson is Director, Systemic Risk Centre, at […]
There’s reason to believe that the combination of high levels of public and private indebtedness combined with high interest rates could lead to financial trouble in the not-too-distant future. In Ann Pettifor’s Substack. Read the […]
Offshore banking and tax-avoidance centers are nothing new; they’ve been with us for millennia. Michael Hudson is an American economist, a professor of economics at the University of Missouri–Kansas City, and a researcher at the […]
Grace Blakeley is a media star of the radical left-wing of the British labour movement. She is a columnist for the left-wing journal, Tribune, and a regular panellist on political debates in broadcasting – often […]
TARGET2 imbalances seem to be an endless source of controversy. At the beginning of the last decade, Hans Werner Sinn claimed that T2 imbalances served to fund current account deficits forgetting the responsibility of German […]
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