The European Union (EU) is pretending it will unlock trillions of Euros to address the coronavirus crisis. But if we look closer, we realise this is too little, too late, and will only drive countries […]
Nugget’s News covers a range of topics with Steve Keen: Why economists ignore banks, debt & money Asset bubbles Financial crisis Limits of a debt based system Why USD as reserve currency must go Central […]
Forget mutualised euro bonds. Only giant wealth transfers within the euro zone, and a cap on sovereign spreads, can reduce the shock to heavily indebted nations such as Italy over the long term. PierGiorgio Gawronski […]
From financialisation to structural oppression, Covid-19 is highlighting how dysfunctional our economic system really is. Fran Boait is Director of Positive Money Cross-posted from Positive Money Covid-19 has sent the world into turmoil. And in […]
Billions of dollars are being pumped into economies the world over to protect economies from COVID-19. Much of it comes in the form of government fiscal stimulus, funded through bond issuance. Some of it involves […]
Moderate Rebels Facing the Covid-19 pandemic, the US Congress rammed through the CARES Act — which economist Michael Hudson explains is not a “bailout” but a massive, $6 trillion giveaway to Wall Street, banks, large […]
Right now neo-liberals, while once again dolloping out trillions to corporations, are not talking about the day after corona, the trend to austerity is palpable. Germany has already declared that they want the corona deficit […]
An interesting look at the current state of Modern Monetary Theory. Michael Hudson is a research professor of Economics at University of Missouri, Kansas City, and a research associate at the Levy Economics Institute of […]
We completely missed this (from 24 March): The Bank of Canada today announced a new program to support the liquidity and efficiency of provincial government funding markets. The Provincial Money Market Purchase (PMMP) program is an […]
During quarantine, what better to do than check in with two of America’s great economists? We wanted to know where next for capitalist America as this deadly virus grips an already frail economy. Has the […]
Copyright © 2025 | MH Magazine WordPress Theme by MH Themes
