Economics
The Paradox of Debt by Richard Vague
Book review by Steve Keen Very rarely do I review a book and find that the best way to convey its significance is to quote, verbatim, its first four paragraphs: In 2020, during the darkest […]
Financial Institutions
Economics
James K. Galbraith: Why the Economic Doomsayers were wrong
Interest rate rises in the US have neither been effective in reducing inflation nor produced a recession. So what is going on? Cross-posted from Common Dreams Back in 2021 and early 2022, a posse of […]
Economics
Michael Hudson – Eleven Objectives of Neoliberalism
A series of lectures will be coming out of my relationship with Hong Kong’s Global University of Sustainability. These have been tiered to a Chinese audience, revealing another layer to my work.
Economics
Angus Deaton: How Misreading Adam Smith Helped Spawn Deaths of Despair
A Nobel Prize–winning economist reflects on the dire consequences of libertarian economics. Read HERE
Climate Crisis
Macro & Cheese – Jason Hickel: The Double Objective of Democratic Ecosocialism
Listen HERE The title of this week’s episode is taken from an article to be published in September’s Monthly Review. The author, Jason Hickel, talks to Steve about the topic in his third visit to […]
Economics
David Spencer, Muhammad Ali Nasir – UK interest rates: crashing the economy is no way to bring down inflation
The Bank of England is deliberately seeking to make households poorer and increase unemployment through its blunt, ineffective rate-rise policy. David Spencer is Professor of Economics and Political Economy at the University of Leeds. Muhammad […]
Economics
Bill Mitchell: No change in monetary easing from Bank of Japan until wages growth increases
So there is no hint of a return to the position that other central banks have taken. The Bank of Japan is firmly committed to providing ‘expansionary’ conditions to encourage growth in wages, which they […]
Economics
Rohinton Medhora – As the Ukraine War Drags On, It’s Time to Reassess the Impacts of Sanctions
The bundle of sanctions was initially designed and imposed in haste, with little basis to assess historic performance. Rohinton P. Medhora is a distinguished fellow and former president of the Centre for International Governance Innovation […]
Climate Crisis
LabourNet TV – Kohei Saito: Climate Crisis and Ecosocialism
Watch HERE “We need to really challenge global capitalism as a world system.” (from the video) Renowned Marxist theorist and author of the best-selling book ‘Capital in the Anthropocene’, Kohei Saito discusses the three responses […]
Economics
Radhika Desai, Michael Hudson, Pepe Escobar – NATO Moves to Bait China
How NATO has shifted from its proxy war against Russia in Ukraine to targeting China in the Pacific Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall […]