This is without a doubt a brilliant piece of research. Unfortunately it is also extremely long. Do have a go at it. After five minutes of reading you will have the gist of it and can then decide if you wish to continue.
Read here
Austerity
Amnesty International – Spain: Cruel austerity measures leave patients suffering
While corporate media is talking up the EU’s “robust recovery”, especially in Spain, on the ground things are apparently very different. Read here
Economics
Simon Wren-Lewis: What really caused the financial crisis
Wren-Lewis discusses Tam Bayoumi’s recent book “Unfinished Business” concerning the Great Financial Crisis: “What this analysis by Tam Bayoumi convincingly shows is that finance always has to be carefully regulated, and failures in regulation can […]
Economics
Richard Murphy: The government does not spend taxpayers’ money: that clears the government’s debt to the Bank of England
Richard Murphy explains that taxes do not finance govenment spending, but helps to pay down debts. A government creates it own funds or borrows money when it needs it. The idea that a government cannot […]
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