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of England’s failure to respond effectively to the worst inflation in four decades underscores the need to abandon the outdated notion that fiscal and monetary policy can be kept separate.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.
Economics
Heiner Flassbeck: Falling energy prices at the producer and consumer level – what should feed continued inflation?
The President of the Deutsche Bundesbank, Joachim Nagel, said in a speech in Frankfurt on 5 July 2023 that it was too early to sound the all-clear with regard to the price development in Germany, […]
Economics
the Defender: Bill Gate’s Controversial Ag Project Failed to Improve Food Security, Report Says
The first major evaluation of the Bill & Melinda Gates Foundation’s controversial efforts to expand capital-intensive, high-input agriculture in Africa found the 15-year-effort has failed to achieve its goals of improving food security. Read Here
Economics
Business Insider: The ‘supply-and-demand model of labor markets is fundamentally broken,’ and that’s why you’re not getting a pay raise anytime soon
Part-time “underemployment” has, statistically replaced the mass unemployment we remember from the 1980s. As Johnson says: “A majority of people who are classified as poor now live in a household where someone is in work. […]
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