Debunking the usual government lie of “We can’t afford this”. Interest rates were attached to Quantitative Easing, so that banks get interest on money created by the BoE, in which they have done nothing to […]
High interest rates will increase the cost and slow the speed of decarbonisation, most notably in the areas of energy efficiency and renewable energy Cross-posted from the Positive Money Europe blog To reach net zero […]
The expedited legislation passed by Congress to avert a strike by railroad unions dealt one more blow in the decades long war waged by the two ruling parties against the working class. Read Here
An excellently explained piece explaining why economics is about political priorities as well as human and physical resource limits. Chris Dillow is an economics writer at Investors Chronicle. He blogs at Stumbling and Mumbling, and […]
Despite the claims and heralding that the IMF was becoming an enlightened institution, nothing has changed. Its practice of death and destruction is alive and well in Washington D.C. (where else?) Read Here
The demise of Trussonomics was a welcome victory for decency and common sense in a minor battle within a broader class war. Sadly, the class that Liz Truss tried to bolster with copious tax and […]
Amazon strikes in more than 30 countries part of ‘Make Amazon Pay initiative’. Read the article HERE.
The UK Government is set to pay £80 billion to banks over the next two years for nothing. This highlights the urgent need for a rethink of monetary policy. Simon Youel is Head of Policy […]
How politicians blatantly manipulate data to carry through reactionary fiscal policy. Germany is seeing the same thing with the so-called “Bürgergeld”, a social welfare programmme for unemployment benefits. Richard Murphy is an economic justice campaigner. Professor […]
The political results of the Swedish election are in, and they bear all the hallmarks of a bad dystopian novel. The new government will be comprised of the Moderates, the Christian Democrats and the Liberals, […]
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