“There’s no magic money tree” is usually used as an argument against extra state spending. But it can just as often – and sometimes with more justification – be an argument against privatization. Chris Dillow […]
The last week or so has seen a build up again of rhetoric from central bankers over more interest-rate increases. Over the weekend just gone, this was added to as you can see below. Read […]
Ukraine’s neoliberalism on steroids, Europe’s economic suicide 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 […]
Once upon a time, the greed of tobacco companies was channeled through libertarian outrage over the restriction of smokers’ freedom to choose cancer. Today, the outrage is serving the interests of bankers panicking at the […]
The climate emergency is of another scale again though. And penny pinching now will cause immeasurable damage to humanity. Food security will be threatened. Urban environments will become unliveable. Pandemics will increase if we don’t […]
De-dollarization, the global drive to drop the US dollar, and the transition away from financialized neoliberalism toward a new economic system. Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends […]
The poorer countries are demanding an end to a world dominated by the rich—as well they should. Cross-posted from Common Dreams Jeffrey D. Sachs is a University Professor and Director of the Center for Sustainable […]
The insanity of doing the same thing over and over again. From Ann Pettifor’s substack. Read the article HERE.
Recording of economist Steve Keen’s BRAVE NEW EUROPE talk on 2 May 2023, in cooperation with Helle Panke and Rosa-Luxemburg Stiftung.
The European Central Bank has raised interest rates again, despite the alarming signs that a financial crisis is looming. Jordi Schröder Bosch is a researcher at Positive Money Europe. Cross-posted from Positive Money Europe Prices […]
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