Simon Wren-Lewis: Bemoaning the cost of national debt is missing the point – we must invest in the economy

From The Guardian The Germans made it clear after the election of Syriza in Greece: In the EU democracy is secondary. Primary are contracts and laws. Thus two former fascist nations can now “legally” stymie […]

Translated that means the EU will do nothing. Merkel has invested too much money and political reputation that Erdogan stops refugees entering the EU. Erdogan appears to have the EU under control. His real problem […]

Steve Keen responds to questions with regards to Modern Monetary Theory reaised by Bill Mitchell. Read here