Obsession with debt reduction has been disastrous and arguments against a borrow-to-invest approach no longer pass muster
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Larry Elliot: Attacks on McDonnell a sign Tories know stance on borrowing is defunct
Economics
Euractiv: Algeria wants to ‘reassess’ EU trade deal
Algeria’s president has requested the country’s trade minister reassess a deal with the EU, ahead of a free trade agreement due to come into effect on 1 September. Read here
Austerity
Bill Mitchell – When disaster strikes the poorest nations, the IMF guarantees to make it worse
While even many progressive economists were effusive about the advances being made in IMF policy the same neo-liberal destruction continues in practice. Read here
Economics
Thomas Piketty: Our manifesto to save Europe from itself
We need to reduce inequality within countries, not between them, and invest in the future of all Europeans Read here
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