We have avoided the topic of Brexit, but when the most eloquent and convincing proponent of Lexit writes something on the topic – and this is a lengthy article – it is well worth reading, […]
Christine Lagarde, the former Managing Director of the International Monetary Fund, is expected to take over from Mario Draghi as the next President of the European Central Bank. David Hollanders argues that although Lagarde has […]
There is a fascinating discussion going on among economists concerning “renterisation”. Sounds complicated, but is simple to understand. In this article,which is perfect for beginners (non-economists), Michael Roberts takes a closer look at the topic […]
Monopolisation, profit without purpose and social corrosion are not accidents – they are inherent, and ever more pronounced, factors of the system itself. Read here
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 […]
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