Adam Tooze: The Death of the Central Bank Myth
For decades, monetary policy has been treated as technical, not political. The pandemic has ended that illusion forever. Read here
For decades, monetary policy has been treated as technical, not political. The pandemic has ended that illusion forever. Read here
The European Union has been tested over its response to the COVID-19 pandemic – and it has been found sorely lacking. The resulting lack of vision, of solidarity in times of crisis, raises fundamental questions […]
Covid-19 has sharpened the divide between landlords and tenants, and debtors and creditors. We all must ask: whose side are we on? Laurie Macfarlane is economics editor at openDemocracy, and a research associate at the […]
This is the introduction to a new report by Positive Money entitled !The Tragedy of Growth, To protect wellbeing and avoid ecological disaster we must abandon GDP growth and transform our economic system”, which outlines […]
The debt crisis was acute before anyone even knew what a coronavirus is. The current crisis has simply brought it to a head. Michael Roberts is an Economist in the City of London and prolific […]
Alberto Bradanini è un ex-diplomatico. Tra i molti incarichi ricoperto, è stato anche Ambasciatore d’Italia a Teheran (2008-2012) e a Pechino (2013-2015). È attualmente Presidente del Centro Studi sulla Cina Contemporanea The English Translation is here […]
As Germany always claims, EU and ECB rules ans laws must be upheld – except for the hegemon Germany. Carlo Clericetti is an Italian journalist. In the past he has directed “Affari & Finanza”, a […]
With a scandalous ruling, the German Constitutional Court not only calls into question the legal system of the EU, but also proves that it is totally incapable of understanding a multilateral economic order. Heiner Flassbeck […]
In the corona crisis the EU is failing at every opportunity, economic and political. Annamaria Simonazzi is Professor of Economics, Sapienza University of Rome Cross-posted from the Institute for New Economic Thinking What did the […]
Despite central banks’ coordinated moves to pump more money into the economy, inflation is unlikely to occur for now. Rather, the current crisis is generating deflationary pressures. Covid-19 shouldn’t prompt worries about inflation but rather […]
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