The Greek people have just lived through a Depression as deep as the Great Depression and considerably longer. It is now the greatest recorded peacetime Depression.
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Economics
Bill Mitchell: The hollowing out of the middle class in the US and beyond
So the top end income has boomed in real terms while the bottom end has collapsed. That is the story of the US after several neoliberal decades. And it is the story of most advanced […]
Austerity
Bill Mitchell: Central banks should just write off all their government debt holdings
Why and how the ECB should write off its debts and continue taking over member states ost-COVID investment costs. Read here
Economics
Bill Mitchell: If its bad it must be because of Brexit or MMT or both depending
There is no doubt that the on-going pandemic has left a trail of economic problems including major supply constraints, the growing problem of long Covid and other issues that are challenging policy makers. They have […]
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