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.
This is a problem affecting much of Europe, yet almost no one is willing to talk about it. The younger generation is carrying the brunt of the burden for the Great Financial Crisis. To the […]
A simple, straighforward piece that does away with the myth that governments tax to spend. Read here
Larry Elliot´s analysis is somewhat short-sighted. The mainstream media played a crucial role in keeping many critical voices and opinions out the discourse. We see this daily as the newspaper where Elliot writes, the Guardian. […]