Richard Wolff, Glenn Diesen – Europe’s Irreversible Economic and Political Decline

MMT economist Steven Hail helps understand the intricacies of a modern money banking system as they discuss the interplay of government spending, private sector transactions, reserve and bond accounts at the central bank and how […]

There is another myth that needs slaying: Minimum wage increases kill jobs  

Most people think economics can be summarised in just two words – supply and demand. Where they cross that determines price and as they move the price moves. But what if the supply curve is […]