One of the surprises as we emerge from the worst of COVIS (hopefully) is wjaty’s being called the Great Resignation. Even though employment levels in most countries remain below pre-pandemic levels, that’s not stopping those who hung onto their jobs through the crisis from leaving in their droves. So, what’s driving this trend. Prof Steve Keen suggests it’s a “kick in the balls to the gig economy”. But what happens next? Already central banks are lifting interest rates, fearful of rising wages pushing inflation higher. How is that going to work out. Tune in to this free half-hour podcast as Phil Dobbie talks to Steve about what’s driving this dramatic shift in the labour market.
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Yanis Vraoufakis’ analysis concerning the EU is as usual excellent. His solutions are definitely open to debate. Listen here

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