With regard to Modern Monetary Theory (MMT) there is a debate in progress in Britain between Simon Wren-Lewis and Jonathan Portes, who are guiding the economic policy of the Labour Party and Richard Murphy, a supporter of Labour, but also a stout representative of Modern Monetary Theory. It is interesting to not how close MMT is coming to government policy. Chris Dillow gives his take on the dispute.
The monetary data suggests not only that the “Euroboom” is over but that the trajectory looks downwards. Read here
From the Guardian Monbiot at his usual best. This is the sort of stuff that mainstream media in its efforts to create a great European stateswoman does not bring. Read here
Norway’s centre-left opposition parties are on course to win a majority in parliament after Monday’s election and will now negotiate how to form a coalition, with climate change and a widening wealth gap expected to […]