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 […]
Workfare is a British government policy whereby individuals must undertake work, often unpaid, in return for their benefit payments or risk losing them. It is not only part of Britain’s austerity regime, but has been […]
Murphy believes there could well have been a sea change at the IMF and World Bank. It is however one thing to produce analyses and papers making the right noises, and the IMF arguing that […]
A prime minister, a banker, the heads of the top telecom company, construction moguls, assorted friends and family. Portugal’s biggest corruption case ever is a veritable who’s who of the nation’s political and business elite. […]
GDP has become a fetish. This obsession with major GDP growth makes reducing CO² impossible. The other downside is that GDP growth mainly ends up enriching the 1 %. The solution lies in re-distribution. There […]
Globalisation has ravaged the economies and societies in the industrialised world. Uneven growth and deindustrialisation are causing political turmoil. The left, trapped in a limited territorial state, is likely to fail even if it wins […]
“Democracy is not just about taking control. It’s also about having clearly distinguished political agendas to choose between. Right-wing populism attaks the very concept of a democratic forum in which a genuine alternative could challenge […]
For Kreibich the future of Europe depends on the development of democracy and sustainability on the continent. A bold vision and its realisation are necessary to enable Europe to thrive with a secure perspective. Rolf […]
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