Everyone, apparently is an MMTer now. But from what they say we know that is not the case. And just as this cohort swing to save face in what is a glaringly obvious empirical rejection […]
Confused about the role of eurobonds, the ECB and Germany in the current euro crisis? This article by Engelbert Stockhammer offers a useful comparison between this financial crisis and the last Engelbert Stockhammer is Professor […]
Crossing the Rubicon of monetary financing. COVID-19’s economic impact on crumbling GDPs, collapsing tax revenues and ballooning fiscal deficits will be much larger than what has been reported thus far. Any hesitation in throwing everything […]
The European Commission and the European Central Bank have changed the eurozone during the crisis in the way that progressive economists have demanded. National governments can now spend more money without fear of deficits or […]
More and more people are realising that it is beyond reform – and that goes for the EU in general. The Eurozone is just the most advanced expression of the neoliberalism built into the EU […]
There is no magic money tree – the ‘rescue packages’ aim to rescue a rotten system, and won’t work. John Smith is author of the prize-winning 2016 book Imperialism in the Twenty-First Century: Globalization, Super-Exploitation, […]
Reason and common sense seem to be strangers to the German hegemon and its acolytes. Carlo Clericetti is an Italian journalist. In the past he has directed “Affari & Finanza”, a weekly supplement published by […]
What ails the EU Green Deal is exactly what troubles the Union in general — an absence of social democracy at work Servaas Storm is a Dutch economist and author who works on macroeconomics, technological […]
In our working paper Safeguarding financial resilience for sustainability’ we argue that large companies listed on the European and the US stock exchanges have become financialised, leaving many with weak, financially exposed balance sheets and […]
Positive Moneys David Barmes argues that renewed QE strategies undermine the Paris Agreement and miss a key opportunity to promote a greener economy Read here
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