Charles Adams – The scarcity myth
It all comes down to a simple question. As Democracy began in ancient Athens around 2,500 years ago, everyone knew what was at stake: the distribution of wealth. There were no mathematical formulas necessary to […]
It all comes down to a simple question. As Democracy began in ancient Athens around 2,500 years ago, everyone knew what was at stake: the distribution of wealth. There were no mathematical formulas necessary to […]
As a new financial crisis threatens the world, actors of the radical Left will convene at the fifth Plan B summit to save Europe from the neoliberal regime leading it to the abyss. Olivier Tonneau […]
We have posted a number of technical pieces refuting neo-classical economics. In the past two days we had two articles cross-posted from Progressive Pulse here and here which demonstrate this is practice. Both were in favour of […]
The British government’s energy policy is marked by poor performance and high costs for consumers. While energy companies rake in massive profits and repeatedly introduce steep price increases, they treat their customers with contempt and neglect. There is great […]
For some reason there still seems to be a discussion about if the wealthy have inordinately profitted from quantative easing (QE). Postive Money comes to the usual answer: unequivocally yes, Robin Hood in reverse as […]
The crisis in the health services in many European nations has nothing to do with deficits and government debt. Austerity is a weapon to destroy social programmes, including health, not to improve them. Ivan Horrocks is […]
Mat Hope of DeSmog UK travels to Lancashire and reports about the protests against fracking there. By Mat Hope, éditor of DeSmog UK Cross-posted from DeSmog UK “There’s something happening,” Nick tells me. […]
Syll Looks at why orthodox economics, based on absurd assumptions, has completely lost its way and credibility. Lars P. Syll is an economist at the Faculty of Education and Society at Malmö, Sweden Cross-posted from Syll’s […]
There is so much white noise in the media concerning Brexit, almost all of it by people who have no idea of what is really going on behind the scenes. David Shirreff tries to make […]
Two non-economists explain the creation of money and what becomes of it. It is a strightforward piece for those who get bogged down by technical economic terms. They also explain why a government debt is not […]
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