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.
“If one ever needed reminding of the colony status of the once magnificent Greek nation you just have to consider that statement. The EU institutions consider it appropriate that democratically-elected governments in the EMU should […]
There have been thousands of articles about “Why Brexit has to be stopped” and “Why Brexit cannot succeed”. Articles like this one are extremely rare. It helps understand why the Left is failing throughout Europe. […]
“With another cyclical downturn approaching, the European Commission continues to conduct its affairs in a sort of time warp, divorced from reality.” Read here