While in the UK economists seem to be losing it completely in the discussion around Modern Monetary Theory (which is why we do not cross-post most of it) and the rest of the continent is completely oblivious, there appears to be a somewhat more civilised discussion in the USA. Here James Galbraith´s take on the issue.
Mirror: Poverty as bad as Charles Dickens era as hungry kids go without winter coats and sleep in uniform
Just that this does not appear an anomaly in Europe, we can confirm that in Berlin – in wealthy Germany – teachers take breakfast food to school. for their pupils who would otherwise not have […]
Today’s cheer in eurozone financial markets obscures a steadily weakening economic foundation Read here