Yanis Varoufakis, Glenn Diesen: The Imperial “Board of Peace” and End of the United Nations

A brilliant analysis of the current situation in the Labour Party in the UK, but valid for most Social Democrat parties in the EU.

Savers hate low interest rates. The rest of the economy cannot survive with anything else. This is why I think low interest rates are here to stay.

‘A Study of Economics as if People Mattered’ was the subtitle of E F Schumacher’s most famous work, ‘Small is Beautiful’. It might seem jarring to non-economists that people might not “matter” in economic theory […]