The European Central Bank regularly justifies the mis-alignement of its policies with the EU’s climate goals by claiming it must respect the “market neutrality” principle. However our research shows this principle is more the result […]
“We are entering a new era where the neoliberal obsession with so-called monetary policy reliance is becoming increasingly discredited and exposed by the evidence base. Fiscal dominance is approaching.” Read here
It’s going to be one for the history books. On Friday 20th September, millions of people around the world will be taking to the streets as part of the biggest climate action ever organised. By […]
“Despite rather significant monetary policy gymnastics, aimed at stimulating economic growth and lifting inflation rates, central bankers have largely failed. They have failed because they are wedded to mainstream theory. Fiscal policy makers are constrained […]
The European Central Bank is simply running out of options. It has failed miserably in the past years with its neo-liberal ideology and has no powder or ideas left. Michael Roberts is an Economist in […]
He has saved the euro, but he has even supported as a counterpart the deleterious combination of austerity – structural reforms, which have made Eurozone the area with the lowest growth and highest unemployment in […]
Short but succinct summing up of why Draghi’s ECB is leading us in the wrong direction. Richard Murphy is Professor of Practice in International Political Economy, City University of London. He campaigns on issues of […]
International institutions have allied with bond vigilantes to bludgeon Argentina into imposing policies that benefit investors and harm working people. Read here
The risks of further monetary stimulus measures by the European Central Bank outweigh the benefits. Additional stimulus will either amount to less than anticipated or will not be sustained – yet it could still undermine […]
In this part, I am briefly outlining what I think an MMT-Green New Deal agenda would encompass in the field of financial market changes. Read here
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