Not so long ago the world was worried about deflation, supposedly driven by low-cost imports from China, but also a stagnating economy driven by high levels of private debt. Now central banks are trying their hardest to bring down inflation, fearing without their expertise it will spiral out of control. So, will it? What caused it? And can we live with it? This week Phil and Steve look at the pros and cons of inflation and discuss whether it is here to stay.
Economics
The MMT Podcast – Andrés Bernal: The Green New Deal
Alexandria Ocasio-Cortez friend and advisor, Andrés Bernal talks to Patricia and Christian about MMT and the evolution of The Green New Deal. Listen here
Climate Crisis
Steve Keen – The appallingly bad neoclassical economics of climate change
Steve’s paper exposing the dreadful work on climate change done by William Nordhaus (and his band of like-simpleminded Neoclassical economists) has now been published by the journal Globalizations. The link is here: https://www.tandfonline.com/doi/full/10.1080/14747731.2020.1807856
Austerity
Tax Justice Network – A firewall to protect EU citizens from the Big Four accountancy firms and the tax avoidance lobby
In the July 2018 Taxcast: we look at a proposal for a firewall to protect EU citizens from the Big Four accountancy firms and the tax avoidance lobby: we look at a new report from […]
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