Checking soaring executive pay is necessary for reducing income inequalities, but the government continually fails to address the issue.
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Austerity
Bill Mitchell: Eurozone fiscal rules bias nations to stagnation – exit is the remedy
The big motor is fiscal policy and because of the flawed design in the Eurozone it is dysfunctional in the extreme. Central bank policy shifts can do little to counter the damage that fiscal austerity […]
Austerity
Bill Mitchell: Nations heading south as austerity continues
The nationalist German hegemon is determined to destroy the EU – and maybe democracy in Europe with it – to further its disastrous economic policies. Most Germans see other EU nations as their enemies – […]
Economics
Eurostat: Euro area annual inflation up to 8.1%
This will be hitting the real incomes of low-paid workers hard. Time for a tax break for rich EU citizens and corporations. Read Here
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