The classic question in economics is: If capitalists pay their workers too little, who is going to buy the capitalists’ products. Here is the answer. The same workers, who have to borrow from the banks, giving the financial sectors a slice of the business too.
“This is the final part of my three-part series on the why I have confidence in the primacy of fiscal policy over monetary policy and eschew any proposals, by other Modern Monetary Theory (MMT) advocates […]
Empiricism alone won’t save us Read here
Malta is looking increasingly like a Mafia State, but so is much of Europe. Read here
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