Michael Roberts: The productivity puzzle again

EU imposed austerity is driving another government to the wall. Macron is literally calling in the cavalry to save himself. The French government’s decision to deploy the army as backup during Saturday’s weekly “yellow vest” […]

Austerity is a weapon in class warfare. Chris Dillow ponders “why are Conservatives so supportive of such austerity?” His hypothesis is: Fiscal austerity is needed in order to maintain the “natural” hierarchy in which the […]

Everybody knows that soaring utility bills will plunge millions of people into desperate poverty in the autumn. Even those who don’t care about those on low incomes, however, should worry – because such huge price […]