Capitalism contains many dysfuntional incentives – ones that constrain innovation and encourage rent-seeking.
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Economics
Jonathan Portes vs Bill Mitchell – Are tax rises now inescapable?
Post-Covid, are taxes hikes essential to fund the future? Or should we abandon “deficit fetishism” and spend our way to prosperity? Read here Mural by Megan Wilson. Photo: victorgrigas / Wikimedia Commons
Economics
Grace Blakeley: Austerity is a political choice – and we reject it
The Tory embrace of austerity (again) is going to run in to multiple problems. Read the article HERE
Economics
Heiner Flassbeck: Overkill – The ECB is driving the European economy up the wall and everyone is watching
The economic situation in Germany is bad, very bad indeed. There are indicators such as the so-called Markit PMI that predict a similarly devastating scenario for German industry as at the time of the great […]
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