Why do people still respect politicians? Or even feel sorry for them even though they work against the public interest and are thoroughly corrupt? Chris Dillow provides some answers.
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Chris Dillow: Biased to the Powerful
Economics
Bill Mitchell: Japan inflation now falling fast – monetary and fiscal policy settings have been vindicated
The latest information from Japan suggests that in December 2023, its inflation fell sharply for the second consecutive month and that one might conclude the inflation episode is coming to an end. The Bank of […]
Austerity
Polykarpos Georgiadis: In Greece, social despair is helping the rise of fascist conspiracy theories
Greece’s recent elections saw two new far-right parties enter parliament for the first time. Grinding austerity is not fueling continued popular resistance but the rise of conspiracy theorist cranks who promote war among the poor. […]
Economics
Bill Mitchell – ECB realises it has to keep funding Member State deficits for the foreseeable future
Without this massive funding of Member State by the ECB deficits (which are too low to be sure), many Member States would become insolvent fairly quickly – Italy would be first in the queue. Read […]
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