This is the recorded talk I gave to Positive Money Italy (http://monetapositiva.blogspot.com/) on November 23rd 2018. I explain that excessive private credit caused the relative boom in Italy before the crisis, and the collapse in credit during the Eurozone-imposed period of austerity is the main reason that economic growth in Italy has stagnated.
Climate Change
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In recent years, more and more attention has been paid to how economic theory is divorced from environmental reality, exemplified by how environmental breakdown is often dismissingly referred to as a mere “externality”. In this […]
Austerity
Steve Keen – The Delusional Leaders of the Eurozone
Steve Keen too has a look at 20 years of the Euro. Steve Keen is an economist. He is an expert on Minsky’s Financial Instability Hypothesis, and is one of the handful of economists who […]
Climate Change
Extinction Rebellion – Climate activists block London bridges in “swarming protest”
Disruption could continue until Saturday as Extinction Rebellion continues climate change protest
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