Bill Mitchell tells us how Japan’s fiscal and monetary policies demonstrate the dishonesty of mainstream economic theory. Unemployment is not the cure for inflation.
Economics
Paul Tucker and Mark Blyth – Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State
Listen here Watch accompanying talk at the Watson Institute at Brown University: youtu.be/R-Dxrs7dj0w Central bankers have emerged from the financial crisis as the third great pillar of unelected power alongside the judiciary and the military. […]
Economics
GPEnewsdocs – Prabhat Patnaik: Imperialism then and now: Wealth, unemployment and insufficient demand
Prabhat Patnaik reviews the connections between imperialism and capitalism through history to stress that by necessity of the accumulation of wealth, somewhere demand has to be suppressed to provide cheap inputs to ‘the markets’. That […]
Economics
Michael Hudson – A Profile
Absolutely fascinating as always with Michael Hudson. Although it was recorded in April of 2019 we are posting it because it is so extraordinary.
Be the first to comment