Why have central bankers in continued to hike interest rates, especially when the most direct measure of the situation – the actual inflation rate – has been abating for months in most jurisdictions? Read HERE
You can’t understand debt crises without confronting the power dynamics at play. Martin Guzman is a former Minister of the Economy of Argentina and co-president of Columbia University’s Initiative for Policy Dialogue Interview by Lynn […]
European Central Bank chief Christine Lagarde’s speech to the US Council of Foreign Relations was revealing of the fear among western elites that their global power may be slipping away Michael Roberts is an Economist in […]
We are quietly witnessing the largest shift to austerity undertaken in this century. Debt-strained developing countries are making further cuts to already ragged budgets, in many cases as they battle to meet punishing new conditions demanded by the […]
Economists Radhika Desai and Michael Hudson discuss Russia’s economic transition away from the neoliberal West and integration with what it calls the “World Majority” in the Global South. Michael Hudson is President of The Institute […]
That climate change will increase the cost of living is unavoidable. Why is that not part of the discussion concerning the climate emergency? Chloe Musto is Media and Campaing Officer at Positive Money Cross-posted from […]
European Central Bank chief Christine Lagarde’s claim that there is no trade-off between price stability and financial stability is evidently untrue and may come back to haunt her. Jordi Schröder Bosch is a researcher at […]
Why the world is entering an economic lost decade. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael’s Blog Photo: Alex Proimos licensed under the Creative Commons Attribution 2.0 […]
While the bank was indeed mismanaged, its collapse also reveals a system of regulation with as many holes as a Swiss cheese Peter Bofinger is professor of economics at Würzburg University and a former member […]
This might be the year that the world will be hit by a developing country debt crisis much like the one that took place in the early 1980s Walden Bello, a columnist for Foreign Policy in […]
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