Who would ever thought that universities would be at the middle of labour conflicts in the UK
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Economics
Reuters: China’s economy cools sharply in April as lockdowns bite
April industrial output -2.9% y/y vs f’cast +0.4% April retail sales -11.1% y/y vs f’cast -6.1% Nationwide jobless rate highest since Feb 2020 Jan-April fixed asset investment +6.8% y/y, vs f’cast +7.0% Read Here
Economics
Michael Roberts: Modern Monetary Theory – Part 1: Chartalism and Marx
BRAVE NEW EUROPE has been covering Modern Monetary Theory. Here an analysis from a Marxist standpoint. By the way, there is an interesting Modern Monetary Conference in Berlin on 1 and 2 February: see here […]
Corruption
The Guardian: Uber loses appeal in UK employment rights case
This is further good news for workers in their attempt to regulate the gig economy – something that most governments are not doing. Read here
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