Although Donald Trump insists that the Strait of Hormuz is open, it ain’t. There are no direct talks between Iran and US representatives. In fact, it looks like Pakistan’s attempt at mediation is going nowhere. Iran has been talking with Oman, but those talks — despite claims of progress — appear to have stalled.
Austerity
Simon Wren-Lewis: MMT and Labour’s fiscal rule
Simon Wren-Lewis, one of the architects of the British Labour Party´s “Fiscal Rule”, replies to Bill Mitchell`s criticism (read here and here) Read here
Corruption
European Commission: Bad news for Gig Workers
This does not look good, as it appear that the commission is planning to classify gig workers in a different category from normal workers in order to support platform corporations. Read here
Geopolitics
Jeff Faux: Two Cheers for Isolationism
The left should be arguing that the US’s purpose is its own redevelopment—which is incompatible with global primacy. Read HERE
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