The great Macron movement seems to be going the usual EU neo-liberal route.
Read here
Economics
Bill Mitchell – US inflation is moderating while a massive fiscal contraction is underway – recession looming
Policy makers in the US seem hell bent on bringing on a recession as part of a futile fight against inflationary pressures which are already moderating. Read Here Photo: Policy makers in the US seem […]
Finance
Chris Dillow – Stumbling and Mumbling: Capitalism’s bad incentives
Capitalism contains many dysfuntional incentives – ones that constrain innovation and encourage rent-seeking. Read here
Economics
Bill Mitchell: ECB operations are like the wild west and beyond democratic legitimacy
“For a monetary system that professes virtue because it is so rule-driven, the day-to-day reality is a sort of ad hoc adventure where there are no rules.” Read here
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