Real earnings down for the third consecutive year in 2022. German workers once again supporting German mercantlism by accepting wage cuts.
Economics
Eurostat: Industrial production down by 2.4% in the euroarea and by 0.8% in EU year on year
There can be no more claims of a recovery, but things are looking increasingly like a recession as the EU’s economic strategy against Russian backfires Read Here
Economics
Bill Mitchell: Marx’s dream does not justify ignoring day-to-day human suffering
Marx: Philosopher or Scientist? And where is the revolution? Read here
Climate Crisis
Katie Kedward: Forget greenflation, central banks need to tackle fossilflation
Monetary policy needs to evolve to meet rapid changes in the macroeconomic and ecological landscape Read Here Photo: Kenueone / Wikimedia
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