Tour operators have been pressing for ever lower prices and their flights have been arriving with few passengers on board.
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Economics
Bill Mitchell: Turkey tells us nothing about MMT – but MMT tells us a lot about why Turkey is in trouble
When ever there is high inflation it is used as proof that Modern Monetary Theory is debunked. This is the case in Turkey. The real culprit is the neo-liberal policy of the IMF Read here
Economics
Michael Pettis: 5 Smart Reasons to Tax Foreign Capital
A bipartisan bill that would create a trade-balancing exchange rate for the dollar also aims to reduce foreign purchases of certain U.S. assets. Read here
EU politics
The Independent: Emmanuel Macron branded ‘hero of the rich’ for cutting taxes for the wealthiest in new French budget
Emmanuel Macron seems to be pushing through a neo-liberal policy that once again enriches the few and immiserates the many. What else is new in the European Union? Read here
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