Economic policy is not made by a meritocracy in which the people with the best ideas get the most say. Nor of course is it a democracy in which we all have equal say.
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Chris Dillow: The futility of economic policy debate
National Politics
Politico: Keir Starmer to make good on his vow to stop Jeremy Corbyn running for UK Labour
Keir Starmer’s war on the Labour left continues. Read the article HERE.
Economics
Bill Mitchell – It is time we all moved on from the debt and deficit hysteria
The hypocrisy is ineffable. Those same journalists and politicians who care nothing about the destroyed planet our children will inherit cannot write and say enough about the debt – which need not even be debt […]
Economics
Heiner Flassbeck: The Interest Rate and the ECB – The European Central Bank will disgrace itself again and Germany is to blame this time too
The fact that the ECB now intends to raise interest rates in a situation where the economy is extremely fragile and even, as is currently the case in the EMU, threatens to plunge into a […]
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