We have been here before. To keep the economy too much money has been leant to those who cannot repay their debts. It does not take much imagination to guess what follows. Read here
Here is another case of “Lies, damned lies, and statistics”. A constant Gini coefficient (a statistical representation of the income or wealth distribution of a nation’s populace) does not necessarily mean poverty is not increasing, nor […]
In an interview with ProMarket, Harvard economist Dani Rodrik explained where globalization went wrong, how trade agreements serve rent-seeking by politically well-connected firms, and why the only solution to the rise of political populism is […]
Ben-Ami picks up a number of threads an weaves them together skilfully. These are the usual distractions by political elites enforcing neo-liberalism as they notice that they are losing power. We are seeing the same […]
This may be explicitly about the houing situation in Britain, but a number of its conclusions can be carried over to other EU nations. By Ian Mulheirn, Director of Consulting at Oxford Economics Cross-posted from […]
Richard Murphy once again proposes to reform a tax system, which is already biased towards capital and is regressive. Richard Murphy is Professor of Practice in International Political Economy, City University of London. He campaigns […]
Political parties will have to find the courage to start increasing taxes on excessive wealth – of private citizens and of corporations. That is a good start. What can follow is suggested here by Owen […]
Has democracy simply become a ploy to protect the haves from the increasingly have-nots. If so, its best sell by date seems to be approaching. John Rapley is a political economist and author of ‘Twilight […]
Germany has a balanced budget, a massive current account surplus, and low unemployment. Why then is there so much poverty in such a wealthy nation? Heiner Flassbeck is an economist, as well as publisher and […]
That would be a bleak day for tax havens and financial institutions: “After our research it is obvious that Kenya and Zambia could do without development aid if they were able to tax justly and […]
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