The Bank of England’s failure to respond effectively to the worst inflation in four decades underscores the need to abandon the outdated notion that fiscal and monetary policy can be kept separate. If governments are to be held responsible for investment and employment, they should also control interest rates.
Fake News
Haaretz: BibiLeaks: How Germany’s Bild Newspaper Became Embroiled in Israel’s Wartime Scandal
Bild, the best-selling German newspaper, is known for its strong support for Israel. So how did it become a pawn in an alleged conspiracy, orchestrated by Netanyahu’s office, to turn public opinion against a Gaza […]
EU politics
Bill Mitchell: Britain doesn’t appear to be collapsing as a result of Brexit
After the thousands of hysterical articles in the media regarding doom and gloom with regard to Brexit, this is a unique take on the topic. Bill Mitchell analyses the possible development of the British economy […]
Economics
Bill Mitchell: ECB confirms monetary policy has run its course – Part 2
“We are entering a new era where the neoliberal obsession with so-called monetary policy reliance is becoming increasingly discredited and exposed by the evidence base. Fiscal dominance is approaching.” Read here
Be the first to comment