The government has learned to use QE to fund the coronavirus crisis, which is all well and good except for the fact that there are significant wealth inequalities arising as a result as some in the population save substantial amounts. If we are to prevent runaway asset inflation arising a way to use those savings has to be found and they have to be used to fund constructive activity. I outline some new thinking on this issue in this video. There is much more thinking to do in this area if social justice is to exist after coronavirus.
Corruption
GPEnewsdocs – Dean Baker On Beating Inequality & COVID-19: Tackle Patent and Copyright Monopolies
Intellectual property like pharmaceutical patents is part of the story why so many people face a long wait for COVID-19 vaccines says Dean Baker discussing the high cost of policy choices that make the rich […]
Finance
New Weather Institute: Did the bank crisis ever end?
Did the banking crisis ever end, or continue in other forms? New Weather teamed up with Prime Economics on the anniversary of the crisis to ask the big questions To visit the website of the […]
Austerity
Richard Murphy – Is realism the new ‘ism’?
This article is sure to provoke debate. Richard Murphy is a catalyst who drives political and economic discussions forwards and this article is no exception. With neo-liberalism going from crisis to crisis in the UK, […]
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