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Brave New Europe

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Lucas Chancel Demystifies the Trickle Down Effect Theory

January 2, 2018 Mathew D. Rose 0

The “Trickle Down Effect Theory” is one of the great neo-liberal scams. It says that the more money the government gives the rich, the more all of us will earn. Why then are we confronted […]

Uncategorized

The Wealth Paradox: Economic Prosperity and the Hardening of Attitudes By Frank Mols and Jolanda Jetten

December 19, 2017 Mathew D. Rose 0

Book review by Eliane Glaser Originally published at Times Higher Education and cross-posted with their kind permission   Since the UK referendum on membership of the European Union and the election of Donald Trump as […]

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Lars Syll – The Efficient Markets Hypothesis

December 17, 2017 Mathew D. Rose 0

Instead of assuming rational expectations and efficient markets to be right, one ought to confront the hypotheses with the available evidence. It is not enough to construct models. Without strong evidence, all kinds of absurd […]

No Picture
Uncategorized

Robert B. Reich – The Evidence of Trickle Down’s Failure

December 17, 2017 Mathew D. Rose 0

Every US president since Ronald Reagan has been telling the same myth: Tax gifts for the rich will trickle down to the rest of society. And society has has believed them. But trickle down has […]

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Michael Hudson: Germany’s Choice

December 14, 2017 Mathew D. Rose 0

This is the introduction for the newly published German edition of Michael Hudson’s book Super Imperialism (Finanzimperialimus) Read here  

Uncategorized

Can the Euro be saved? by Malcolm Sawyer

December 10, 2017 Mathew D. Rose 0

Book review by David Shirreff The answer is yes. But saving the euro will be immensely difficult, and will require political, ideological and institutional changes. The euro always had serious design flaws. Back in 1989, […]

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Bill Mitchell: What matters about the Paradise Papers

November 13, 2017 Mathew D. Rose 0

This is another lengthy piece by Bill Mitchell, but well worth taking the time to read. As he writes: “the problem of tax avoidance and evasion is not fiscal. Progressives get stuck on that point. […]

No Picture
Uncategorized

Renegade Inc: The student debt bomb

November 12, 2017 Mathew D. Rose 0

Out of all the arguments and excuses that people manufacture to justify the financialisation of society, the most difficult one to accept is that creating a market in education is the only way it can […]

Uncategorized

Times of Malta.com: Citizenship list yet to be published

November 4, 2017 Mathew D. Rose 0

Malta contniues its policy of selling citizenship to the rich. To obtain a Maltese passport, which grants the holder  full access to the European Union, applicants must pay €650,000 and invest €150,000 in government stocks […]

National Politics

Matthew d’Ancona: The Catalan dream will not be extinguished by force

October 30, 2017 Mathew D. Rose 0

“Rajoy’s strategy has been spectacularly unnuanced. At every turn, he has scorned the independence movement as no more than a plot “to liquidate our constitution”, a “criminal” conspiracy, and “a clear violation of the laws, […]

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Book Reviews

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Economics

After Nations – The Making and Unmaking of a World Order by Rana Dasgupta

December 28, 2025 0

Reviewed by Branko Milanovic´ This new splendid and beautifully-written book by Rana Dasgupta has as its title After Nations: The Making and Unmaking of a World Order. The idea, briefly sketched in the introduction and […]

Economics

Socialist Economics in Yugoslavia – A Critical History by Marko Grdešić and Mislav Žitko

December 3, 2025 0

Book Review by Branko Milanovic´ When on 28 June of 1948 Joseph Stalin wrote a latter on behalf of the Cominform to ask Yugoslavia’s communists to get rid of the “Titoist clique” and to return […]

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