A skewering of the brutal austerity in Greece which led to the country’s train disaster.
Read the article HERE.
James K. Galbraith: The Austerity Train Wreck
Economics
Shaun Richards: Who thought the ECB would be sharply raising interest-rates with Germany in recession?
This morning has brought us back to some extent to a piece of economic orthodoxy. Putting it another way something which was always really rather likely is being presented as a shock of sorts. So […]
Climate Crisis
Bill Mitchell: The current inflation still looks to be a transitory phenomenon
The world is reeling from one crisis to the next, most of which are not resolving themselves. It is no wonder that there is inflation. But none of these can be rectified with interest rate […]
Climate Crisis
IASS: Carbon Pricing’s Disappointing Effect on the Pace of Technological Change
In order to achieve the goals of the Paris Agreement, the world must reach net-zero carbon emissions by 2050. Carbon pricing – recently introduced in Germany for transportation and heating – is viewed by many […]
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