Latin America as a whole must learn from Asia that only an active and enlightened state can successfully manage a market economy. Those who believe that libertarian ideas can be used to launch a modern economy into a world economy that has nothing, absolutely nothing, in common with a fair rules-based order will fail even more miserably than their predecessors.
Economics
Bill Mitchell: IMF changes tune on industry policy – shamelessly – Part 2
In Part 1, I introduced the discussion about the use of industry policies in the Keynesian period after World War 2. Most nations adopted a mixed planning-market based system for allocating productive resources and the […]
Austerity
Bill Mitchell: Left logic – the neoliberal EU cannot be reformed but exit is bad
Bill Mitchell takes the fight for the hearts and minds of Europeans with regard to the EU to the Grass Roots movements. This is the time to be doing this. Read here
Uncategorized
Tribune: ‘Ambulance Workers Are Absolutely on Their Knees’
Ambulance workers went on strike today in the UK. The government wants to strip them of the right to strike. Read the article HERE.
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