The decline of British fishing drove coastal support for leaving the EU, but many of the industry’s problems have an origin closer to home.
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Unearthed: Privatising the seas: how the UK turned fishing rights into a commodity
Economics
Bill Mitchell: US labour market recovery leaves considerable slack and rising long-term unemployment
The US labour market is still 6,76 thousand jobs short from where it was at the end of February 2020, which helps to explain why there are no fundamental wage pressures emerging. Read here
EU politics
Catalan News: European Parliament authorizes far-right Vox conference on Catalonia
The EU can exist very well with fascism. Fascism is the optimal form of neo-liberalism. In the current crisis of liberal democracy, and its decreasing ability to control democracy in the interest of transnational corporations. […]
Economics
Bill Mitchell: So-called ‘Team Transitory’ declared victors
We had one central bank – the Bank of Japan – defying the consensus of central banks, the IMF, and taking on the financial markets and holding interest rates unchanged for the duration of this […]
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