Climate breakdown could be rapid and unpredictable. We can no longer tinker around the edges and hope minor changes will avert collapse.
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Economics
Bill Mitchell: On money printing and bond issuance – Part 1
Now that prominent mainstream economists have grudgingly accepted some of the elements of Modern Monetary Theory, they are simultaneously trying to discredit it to save face. Read here
Economics
EU’s V-Recovery Barrels On (Downwards): Total labour market slack up to 14%
The EU seasonally adjusted employment rate for people aged 20-64 stood at 72.0%, down by 1.0pp from73.0% in the first quarter 2020.This has been the sharpest quarter-on-quarter decline since the beginning of the time series […]
EU politics
Richard Murphy: Amazon’s tax is not transparent – but politicians let them get away with it
What would multinational corporations like Amazon do without the EU political elite permitting it to rip off tyxpayers? Read here
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