Bill Mitchell: We are approaching a period of fiscal dominance
The dissonance in mainstream economics and the political debate about policy settings is getting deeper and more public. Read here
The dissonance in mainstream economics and the political debate about policy settings is getting deeper and more public. Read here
In this second part of his book review Branko Milanović encounters a book with some progressive elements, but equally conservative solutions for a reformed capitalism. Sounds like another Oxford University Keynesian patrician. Branko Milanović is […]
It appears that Spain’s politics is determined by vested interests of the 1%, and in a moment of crisis, unfortunately once again led by the Social Democrats. Juan Laborda teaches Financial Economics at the University […]
Great job EU! After years of discussion, Uber simply side-steps EU laws. How was this possible? Read here
The Liberals are desperately looking for a purely market-based solution to the climate problem. But there is no such thing. Monetary policy could teach us why a CO2 cap and certificates can never work. Heiner […]
This is price dumping to achieve a dominant market position. How are taxis to compete with a company that receives 30 or 40% Silicon Valley subsidy for every driver for many years? Read here
Branko Milanovic examines a world that never was, reflecting why we lack the tools to deal with the world that we have. Branko Milanović is an economist specialised in development and inequality. His new book […]
This piece puts the US-China trade war in context. It’s part of a long history of aggressive US attempts to dismantle successful state-led developmentalism across the global South. China is the last one standing. Read […]
The world has never been better. From global poverty to inequality between nations, all the indicators are showing progress. This is a comforting narrative – popularized by the likes of Bill Gates and Steven Pinker. […]
The UK and the Eurozone are both vulnerable to the next recession, but both politicians and central bankers think each other should deal with it. Read here
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