IRELAND’S PUBLIC DEBT rose to €206 billion last year, an increase of €5 billion, according to a government report published today. The annual report on Public Debt states this is the equivalent of €42,500 for […]
“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 […]
On this episode, something a little different. Aidan Regan is an assistant professor at the School of Politics/International Relations at University College Dublin UCD, and has a podcast we think you’ll like. We think you’ll […]
Heiner Flassbeck and Patrick Kaczmarczyk write that amidst global political and economic fragility, the downturn in the Germany economy adds to the uncertainty in a world that, as Paul Krugman put it, has a “Germany […]
Germany is proposing some more smokes and mirrors so that it can maintain its position as the exemplar of fiscal responsibility by obeying its ‘Debt brake’ yet inject significant deficit spending into its recessed economy, […]
“Most of Europe is in a situation where it could easily make large commitments toward increased spending on clean energy, mass transit, and conservation at essentially no economic cost.” Dean Baker is a Senior Economist […]
Blogger The General Theorist wonders whether Christine Lagarde’s patchy performance as managing director of the IMF qualifies her for the trickier role of president of the European Central Bank. “The assumption that Lagarde is a […]
Why don’t we start with a work guarantee to usher in a genuine Green New Deal that saves the planet? An inclusive Green New Deal for all by definition entails massive public investment. Juan Laborda […]
1. Real GDP has shrunk by 23.9 per cent since the crisis began and has been stuck around that mark since 2012. There has been virtually no growth at all since the trough was reached […]
The International Monetary Fund (IMF) stands for death, destruction, and repression. It does not solve problems, it pulverises them. David Barmes is carrying out Positive Money’s latest research on Escaping Growth Dependency Cross-posted from Positive […]
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