Steve Keen: Ricardo’s Vice and the Virtues of Industrial Diversity

Conventional economics is built around the idea of opportunity cost. If there is a limited resource a decision has to be made about how best to use it. How is that principle applied when you […]

Contraction over 2 consecutive quarters will complicate ECB’s job to battle inflation. What is worrying about this is the Eurostat, like Germany’s DeStatis, consistently initially publishes positive statistics, which later have to be retracted. This […]

There is a whiff of desperation about Von Der Leyen’s attempt to stop a tariff war with the US. Read the article HERE.