A recent study of 14 advanced economies found that 81% of the rise in house prices is attributable to land, not the dwellings that rest on it.
Economics
Bill Mitchell: More evidence against the ‘trickle down’ orthodoxy in macroeconomics
“Trickle Down” has nothing to do with economics. It is a tool of class war from above. Read here
Climate Crisis
Thomas Piketty: Towards a circular economy
The idea of the circular economy frequently brings to mind issues of recycling waste and materials and making moderate use of natural resources. But if a new system is to emerge which is sustainable and […]
EU politics
Vanessa Beeley: Bordeaux: Gilets Jaunes, Acte XXV, Militarization of French Security Forces
My full conversation with a French police officer yesterday during Acte XXV of the #GiletsJaunes protests. 25 weeks of state sanctioned violence and savagery. Thankfully, yesterday was relatively quiet and ended without any major tension […]
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