Well explained, simple to understand. Elliot looks at the consequences of the Phillips Curve not functioning. This would mean central banks have no idea what are the consequences when increasing their interest rates. Read here […]
Chris Dillow explains that Marxism is increasingly relevant in today’s politics because the middle class has become part of the working class. It has its drudge work, maybe some money to invest in a house […]
As one sees there is no difference between the “centrist” corrupt Partido Popular and the “centrist” corrupt Social Democrats in Spain. This is pretty much true throughout most of Europe South of Scandinavia. Read here
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