Why do people tolerate the current obscene inequality in the world? There could be a number of reasons.
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Chris Dillow: HOW INEQUALITY PERSISTS
Austerity
Left Voice – The Robin Hoods of France: Electrical Workers Cut Electricity to Sell-Out Union, Reconnect for Country’s Poor
In the past few months the electrical workers of France have taken up the mantle of Robin Hood by cutting power to the rich and reconnecting the poor. Most recently, on January 20, the power […]
Climate Crisis
Tom Brookes, Gernot Wagner: Economics Needs a Climate Revolution
With its fixation on equilibrium thinking and an exclusive focus on market factors that can be precisely measured, the neoclassical orthodoxy in economics is fundamentally unequipped to deal with today’s biggest problems. Change within the […]
EU politics
Bill Mitchell: The German undervaluation obsession is resistant to ‘reform’
In Germany long-term price stability has meant suppression of wages. This has enabled its mercantilist policy, which has been so disastrous for the euro-nations. Read here
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