“The Federal Reserve helicopter only flies over Wall Street. It doesn’t fly over the economy” Michael Hudson is a research professor of Economics at University of Missouri, Kansas City, and a research associate at the […]
This may not be about Europe, but as always with Dean Baker, there are a number of interesting thoughts in this piece that are relevant here as well. Dean Baker is a Senior Economist at […]
As World War I approached, Europe seemed determined to ignore the situation. Then the conflagration came. It seems Europe is once again living in blissful oblivion. Even among intellectuals and economists just a handful comprehend […]
The government mostly does what its constituents with money and power make it do. Richard D. Wolff is professor of economics emeritus at the University of Massachusetts, Amherst, and a visiting professor in the Graduate […]
Wealth begets wealth: the wealthiest families in Florence today are descended from the wealthiest families of Florence nearly 600 years ago! Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted […]
An interview with Yanis Varoufakis concerning the current crisis of the Eurozone. Yanis Varoufakis, a former finance minister of Greece, is leader of the MeRA25 party and Professor of Economics at the University of Athens. […]
The – Report of the Special Rapporteur on extreme poverty and human rights – for the UN was released this week (July 7, 2020). It was Philip Alston’s last report in that role. It is […]
Monopsony is still a hardly known term, although it plays a major role in the world economy. Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted from Michael Roberts Blog […]
The current position of the US government has biased their stimulus spending towards the corporate sector and high income earners. Read here
Several African countries depend on remittances sent by family members working in Europe or the US, especially in the aftermath of the pandemic. However, sending remittances to Africa has the highest cost in the world […]
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