Bernie Sanders is right: we need to rein in the big banks. But we shouldn’t just break them up — we should socialize them.
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Austerity
Thiemo Fetzer : Tory Austerity And Welfare Cuts Like Bedroom Tax Directly Caused Brexit, New Study Finds
Better late than never. Was Brexit then just a repudiation of UK austerity, or did voters understand the the political establishment in Britain were also part of broader EU policy? Read here
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
Eurostat: Euro area annual inflation up to 9.1%
Inflation was up from 8.9 per cent in July, which was itself a record high in the 23-year history of the euro. Read Here
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