Everybody says we have an inflation problem. Everybody is wrong. What we have is a relative price problem.
Read Here
Photo: in public domain
Austerity
Heiner Flassbeck: Reform of the European fiscal rules? The German finance minister is blocking a reasonable reform
Germany is set on its iron fist economic discipline dogma that has caused so much damage to EU members. A look at the case of Greece. Read Here
Geopolitics
Branko Marcetic – Which Kamala Harris are we getting?
‘Kamala Harris appears likely to be the Democratic presidential nominee. A look back at her political career reveals a politician who matched every progressive achievement with a conservative one.’ In Jacobin. Read the article HERE.
EU politics
France 24: French govt offers compromise to end transport strike
This does not sound like a declaration of a government that is winning the hearts and minds of its citizens. Read here
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