All money is created by the government. Taxpayer’s merely used government created money.
Read here
Richard Murphy: There is no such thing as taxpayer’s money
Economics
Bill Mitchell: Operationalising core MMT principles – Part 1
Things seem to come in cycles. We have been at this for some years now – trying to articulate the principles of Modern Monetary Theory (MMT) in various ways in various fora. Read here
EU politics
Fabien Escalona: France’s left needs to speak to all parts of the working class
Why does the left struggle to win support outside big cities? Read the article here.
Climate Crisis
Adam Tooze: Germany Chooses Economic Nostalgia Over Saving the Planet
Central bankers are recognizing they have the power and responsibility to fight climate change. The Bundesbank would rather not. Read here
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