The Federal Reserve, the Bank of England and the European Central Bank all appear determined to tip the world economy into recession Cross-posted from Tax Research UK Amazon forecast yesterday that it will make sales […]
War in Ukraine has reached its seventh month. Far-right parties have recently advanced in Sweden and Italy. And climate change continues to deliver devastating consequences at an ever-accelerating rate. Noam Chomsky is a linguist, philosopher, […]
I’ve been asked to contribute to a collective article on the anniversary of David’s death in 2020. Steve Keen is a Distinguished Research Fellow, Institute for Strategy, Resilience & Security, UCL Cross-posted from Steve’s Blog […]
When is MIT-style New Keynesianism not just NON Keynesian but ANTI Keynesian? When it recommends (along with sensible macro stabilization) radical, pro-business micropolicy to a country engaged in an existential fight for survival. Read Here
Diamond-Dybvig-Bernanke is a flawed model of banking that has no room for a lender of last resort Read Here Ben Bernanke Dollar by Gage Skidmore
In this letter, Fran Boait, Executive Director at Positive Money, Jeevun Sandher, Head of Economics at the New Economics Foundation, and Katie Kedward, Policy Fellow in Sustainable Finance at the UCL Institute for Innovation and […]
The lack of trading in the 10-year JGB is a sign that the gamblers in the investment banks have given up their power play against the Bank of Japan. They have finally got the message […]
A talk based on Mattei’s recent book with the same title
The reality is that the pension funds need to be reined in and forced to withdraw from their ‘greed’ positions and to get back to ensuring they have sufficient assets and commensurate returns to cover […]
Capitalism conquered the world by commodifying almost everything that had a value but not a price, thus driving a sharp wedge between values and prices. It did the same to money. The exchange value of […]
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