The One Percent have found a pressing need for the services of mainstream economists
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Economics
Bill Mitchell: Turkey tells us nothing about MMT – but MMT tells us a lot about why Turkey is in trouble
When ever there is high inflation it is used as proof that Modern Monetary Theory is debunked. This is the case in Turkey. The real culprit is the neo-liberal policy of the IMF Read here
Economics
Devsdiscourse: Slovakia may stop power exports to EU without more help on energy costs
Slovakia’s main electricity producer has pre-sold energy for the next year at prices much lower than current ones, while Slovak distributors and customers must now buy electricity at multiple times that price. Read Here Photo: […]
Climate Crisis
Steve Keen: Nordhaus can have his Nobel, but we shouldn’t let his theory gamble with humanity’s future
William Nordhaus’s Nobel Prize in Economics in 2018 “for integrating climate change into long-run macroeconomic analysis” is safe. But the world isn’t. Read here
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