The number of unemployed people has increased above the three-million mark for the first time since 2015, providing further evidence that a long period of economic stagnation eventually takes a toll on the labour market
Economics
Chris Dillow: SAVING CAPITALISTS FROM THEMSELVES
Chris Dillow comments on Ann Pettifor’s recent article in the Guardian, in which she writes that Labour’s policies would be better for Britain’s capitalists than the current Tory programme. Although he agrees in principle, Dillow […]
EU politics
rfi: Hungary court avoids EU conflict after Orban challenge
Hungary’s constitutional court on Friday rejected a bid by Prime Minister Viktor Orban’s government to challenge an EU court ruling against its harsh asylum policy. Read here
Economics
Yeva Nersisyan, L. Randall Wray: The collapse of SVB shows why monetary policy is the wrong tool to fight inflation
What is missing from the debates over monetary policy today is the understanding that the Fed was not established to control inflation. It was created to prevent financial crises by acting as a lender of […]
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