The Troika’s policy appears not to be going as planned.
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Economics
Wolfgang Streeck – Engels’s Second Theory: Technology, Warfare and the Growth of the State
Friedrich Engels famously spent his working life in the shadow of Karl Marx, a position he now occupies for posterity, and one in which he willingly placed himself. Born in 1820 in the Rhineland town […]
Economics
Destatis – Germany: Production in December 2022 -3.1% on the previous month
In 2022 as a whole, production was calendar-adjusted 0.6% lower than in 2021 and down 5.0% from the pre-crisis year of 2019. Read Here
Economics
Bill Mitchell: The last thing we need is a return to fiscal surpluses and rising household debt
The cost of living problem requires patience – we need to wait out the supply chain impediments. The fiscal support needs to be maintained to ensure we don’t kill the real side of the economy […]
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