Gross domestic product in the U.S. declined at a 1.4% pace in the first quarter, below analyst expectations of a 1% gain. Declines in fixed investment, defense spending and the record trade imbalance weighed on […]
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 […]
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