Suddenly they are all complaining. With an enormous delay, even the professional optimists in the German media have realised that something is fundamentally wrong. Germany is once again the sick man of Europe, the British Economist notes again, pointing to the decline in GDP this year. I am surprised, however, that liberal economists, who would call themselves neoclassical, do not participate much more actively in the debate and at least contribute important aspects to a theory of the crisis. But the neoclassical authors are always immediately on the wrong track because they do not want to admit the macroeconomic implications of their own theory and consequently blame the governments for the malaise. After all, markets cannot be wrong in principle and, if they are allowed to work, always lead quickly back to equilibrium.
Fake News
Andrew Lowenthal: An Insider’s Guide to “Anti-Disinformation”
Andrew Lowenthal spent more than two decades defending digital rights, and watched as peers and partner organizations switched to an opposite mission called “anti-disinformation.” An inside account Read HERE
Geopolitics
South China Morning Post: US casts sixth veto at UN Security Council over resolution to end Gaza war
The draft text, which received 14 votes in favour, would have demanded an immediate ceasefire in Gaza and Israel to lift restrictions on aid Read Article HERE
Climate Crisis
Media Lens: Why There Is No Public Sense Of A Climate Crisis
Increasingly, now, we do have citizens among us: scientists – particularly, climate scientists – who are awakening from their ‘mainstream’ slumber to the reality that they are citizens of a decaying society on a dying […]
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