Economics
Bill Mitchell: The 20 EMU Member States are not currency issuers in the MMT sense
There is thus fundamental disagreement among MMT economists about the Eurozone. Read HERE
Bill Mitchell
DeGrowth
Bill Mitchell – Delinking and degrowth
One of the issues that some on the Left raise when the topic ‘degrowth’ enters the conversation relates to the sense of elitism from the wealthy nations, which can now indulge in a bit of […]
Economics
Bill Mitchell – Germany continues to kill the Eurozone
Interesting analysis of Germany’s macroeconomic strategy. Published in Bill Mitchell’s blog. Read the article HERE.
Economics
Bill Mitchell: ECB estimates suggest meeting current challenges will be impossible within fiscal rule space
While the ECB paper does not exactly state the obvious the meaning is clear – even to get within a ballpark of what is required will require substantial austerity being imposed on areas of expenditure […]
EU politics
Bill Mitchell: The European Union has been designed and run to maintain the corporate interests of the elites – no surprises there
The European Union is the most advanced example of neoliberalism, given that the ideology is built into its legal structures and the institutions, especially the European Central Bank, are required to enforce it. Read HERE […]
Economics
Bill Mitchell: IMF holds a religious gathering in Tokyo – to keep the troops in line
The IMF joint hosted a conference in Tokyo last week – Fiscal Policy and Sovereign Debt – and the continues its misinformation campaign on the ‘dangers’ of public debt. The conference claimed that it brought […]
Economics
Bill Mitchell: ECB demonstrates that groupspeak is not dead in Europe – the denial continues
The EU has bound themselves up so tightly in their ‘framework’ and rules and jargon that the – Eurosclerosis – of the 1970s and 1980s looks to be a picnic relative to what besets them […]
Climate Crisis
Bill Mitchell: The green growth paradigm has a long tradition – which has never been supportable
l usage. But that pathway is in my view incompatible with the capitalist logic. Read HERE
Economics
Bill Mitchell: Why is Brussels supporting Ukraine?
So all the talk of Russia becoming a threat to NATO seems to be obfuscation and one wonders why the European leaders are so intent on spending billions of euros supporting the Ukraine when they […]
Economics
Bill Mitchell: Keynes was wrong because he failed to consider class conflict
We will never reach the nirvana that Keynes envisaged because the structure of capital ownership will never permit it. Governments can tinker around the edges but ultimately they have demonstrated a lack of resolve to […]