Bill Mitchell: The one-trick New Keynesian ponies are back in town

Liberal Democracy is losing its grip in Europe as its neo-liberal policies savage Europe. Read Here

Production in September 2020: +1.6% on the previous month – still 8% below pre-crisis level. And wasn’t there a lockdown or something soon after? An Odd V otherwise known in German as “Ein Merkel V” […]

While politicians continually want to claim that their nations or areas of responsibility are ‘close to full employment’ the data rarely bears out that assessment. And think of it this way – the mainstream economists […]