Progressives were caught napping by the financial crisis. They cannot not be as ill-prepared next time
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EU politics
The Washington Post: In Eastern Europe, the E.U. faces a rebellion more threatening than Brexit
Liberal values? European values? Viktor Orban represents the only values that count in the EU: Neo-liberalism. What the authors meticulously avoid is that Orban’s policies are exactly what the EU wants of him. Orban is […]
Economics
Bill Mitchell: US Federal Reserve Bank economists going Marxist on us
The Board of Governors of the US Federal Reserve System has published a paper entitled Who Killed the Phillips Curve? A Murder Mystery, confirming what Marxist economists have been explaining for decades. Read Here Photo: […]
Economics
Adam Tooze – Warfare without the state – New Keynesian shock therapy for Ukraine’s home front
When is MIT-style New Keynesianism not just NON Keynesian but ANTI Keynesian? When it recommends (along with sensible macro stabilization) radical, pro-business micropolicy to a country engaged in an existential fight for survival. Read Here
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