Let us not forget that Spain introduced a gas price cap in power production, limits on rent increases, windfall profit taxation etc. early on did make a difference much to the annoyance of the EU and heavily criticised by neo-classical economists. Look at Germany at 6.8%.
Economics
ING: Poland’s GDP growth decelerates sharply in the second quarter
According to the preliminary estimate, GDP in the second quarter grew by 5.3% year-on-year, compared to 8.5% year-on-year in the first quarter. The slowdown is worse than expected Read Here
Corruption
Decensored News – Finkelstein: ICJ President Guilty of ‘Wholesale Plagiarism’ in Support of Israel
‘A forthcoming book by renowned Middle East scholar Norman Finkelstein will make the case that Ugandan jurist Julia Sebutinde, acting president of the International Court of Justice (ICJ) — also known as the World Court […]
Economics
Bill Mitchell: The coronavirus crisis – a particular type of shock – Part 2
Considerations that governments need to take into account when dealing with the economic damage that will result from the coronavirus crisis. Read here
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