The One Percent have found a pressing need for the services of mainstream economists
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Geopolitics
Middle East Monitor: G7 nations, except Japan, left fuming as Nagasaki refuses invite to Israel to commemorate US nuclear bombing
Envoys representing Group of Seven (G7) nations in Tokyo have been left fuming and, what appears to be a coordinated move, may not attend an event to commemorate the US nuclear bombing of Japan, Anadolu […]
Economics
Bill Mitchell: Bank of England finds QE did not increase bank lending: who would have thought
Once again we learn that QE has not helped the real economy, just bailed out the banks and corporations Read here
Economics
Bill Mitchell: ECB estimates suggest meeting current challenges will be impossible within fiscal rule space
While the ECB paper does not exactly state the obvious the meaning is clear – even to get within a ballpark of what is required will require substantial austerity being imposed on areas of expenditure […]
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