Professor Steve Keen and others warn that record heatwaves, floods, fires and intensifying storms halt commerce, damage crops, create uninsurable areas, and impair infrastructure. Pension funds rely too heavily on sanguine consultant forecasts and underestimate the financial impact of climate change on their portfolios
Economics
Ashoka Mody: The euro area’s deepening political divide
An excellent analysis of what is currently going wrong in the Eurozone – about which the Euro-elite is in denial. Reality is however catching up with them as Ashoka Mody explains. Read here
Economics
George Turner – If we want tax exiles to contribute to the recovery, then we need to tax them
Attempts to ban tax haven companies from receiving bailouts are eye-catching and popular, but won’t touch Britain’s tax exiles Read here
Climate Crisis
Bill Mitchell: The current inflation still looks to be a transitory phenomenon
The world is reeling from one crisis to the next, most of which are not resolving themselves. It is no wonder that there is inflation. But none of these can be rectified with interest rate […]
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