With the death of Jacques Delors, president of the European Commission from 1985 to 1995, a chapter in European history has ended. The time has come to take critical stock of this decisive period and to draw lessons for the future, a few months ahead of the European elections of June 2024.
Economics
New Economy Brief: What if all wages went up by inflation?
Inflation-linked wages in Belgium should have produced a wage-price spiral…but they haven’t. In fact, inflation in Belgium is dropping faster than many other economies. Why? Read HERE Photo: EmDee/Creative Commons
Economics
Larry C. Johnson: Even If the Strait of Hormuz Opens, the Damage to the Persian Gulf Energy Infrastructure is Enormous
However, let’s assume that an agreement is reached on Friday and that oil and LNG tankers are allowed to exit the Gulf via the Strait of Hormuz. Even if a deal is struck, it will […]
Finance
The Asahi Shimbun – Stephanie Kelton: Japan shatters notion of deficit boogeyman
Modern monetary theory (MMT) is gaining much attention for its somewhat unorthodox view that governments do not have to worry about fiscal deficits. One of the main advocates of MMT is Stephanie Kelton, an economics […]
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