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%.
Uncategorized
Bill Mitchell: What matters about the Paradise Papers
This is another lengthy piece by Bill Mitchell, but well worth taking the time to read. As he writes: “the problem of tax avoidance and evasion is not fiscal. Progressives get stuck on that point. […]
EU politics
Thomas Piketty: Can the left unite on Europe?
The problem is that the EU simply is not capable of solving the problems of the union. Read here
Climate Crisis
Bill Mitchell: A ‘broad agreement’ on the need for climate change action – doesn’t mean a solution is forthcoming
Nothing good will come if the gamblers get in on the act and pursue speculative profits under the cloak of doing something about climate change. Read Here
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