James Galbraith discusses the unintended effects of Western sanctions on Russia, arguing that they have, in many respects, benefited the Russian economy in the long term. Contrary to the goals of defunding the war and […]
The essential insight of Modern Monetary Theory (or “MMT”) is that sovereign, currency-issuing countries are only constrained by real limits. They are not constrained, and cannot be constrained, by purely financial limits because, as issuers […]
Robin McAlpine’s talk in our series “Economic beyond the Swabian hausfrau” from 9 November 2021 You can’t save the world if you don’t do the work. A Green New Deal is at heart a large […]
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