Renewables accounted for two-thirds of new power added to world’s grids last year. Of these, solar power was the fast growing.
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Climate Crisis
Steve Keen: Nordhaus can have his Nobel, but we shouldn’t let his theory gamble with humanity’s future
William Nordhaus’s Nobel Prize in Economics in 2018 “for integrating climate change into long-run macroeconomic analysis” is safe. But the world isn’t. Read here
Austerity
Simon Wren-Lewis: Is the German Debt Brake the worst fiscal rule ever?
This is not about Anglo-Saxon economists telling Germany what to do. There are plenty of German economists who also see that the German debt brake makes no sense, and anyway economics is universal. The debt […]
Economics
Reuters: Spanish manufacturing shrinks in June at fastest rate in six years – PMI
As Juan Laborda writes here the Spanish government under pressure from the EU is leading Spain into a recession. Read here
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