Consumer and student debt in the UK have reached unprecedented levels and are a warning that austerity could lead to a new financial crisis, explains Positive Money’s economist Edward Smythe in this interview for The […]
Globalisation has ravaged the economies and societies in the industrialised world. Uneven growth and deindustrialisation are causing political turmoil. The left, trapped in a limited territorial state, is likely to fail even if it wins […]
In 2012 the ECB purchased massive amounts of Greek bonds from German and French banks to save them from going under, they having recklessly purchased these bonds. Greece has continued to pay interest on these, […]
The Financial Times reported today that £1.6 Million had been paid in taxes, but the difference is irrelevant. Read here
According to the Institute for Public Policy Research’s Commission on Economic Justice report called Time for Change: A New Vision for the British Economy, we need a “fundamental reform of the British economy on a […]
For Kreibich the future of Europe depends on the development of democracy and sustainability on the continent. A bold vision and its realisation are necessary to enable Europe to thrive with a secure perspective. Rolf […]
This is an interview from a different perspective. Mitch Feierstein is an investor, hedge fund manager and author of Planet Ponzi. It’s a harrowing narrative. Watch here
Wolfgang Schäuble, the leader of Europe’s austerity campaign and devastator of Greece, is retiring. Neither he, nor the German media, have any doubt that he saved Europe from itself. Richard Murphy is neither German, nor […]
The suppression of the wealth tax (Impôt sur la Fortune or ISF) by Emmanuel Macron constitutes a serious moral, economic and historical mistake. This decision reveals a profound misunderstanding of the challenges to inequality posed by […]
For all its claims of being a science, Wren-Lewis, borrowing from Dani Rodrik, sees economics also as a craft: ” If you do not apply the craft well, then what can replace it is ideology, […]
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