Economics
Bill Mitchell: When ‘new’ is really old and doesn’t get us very far – latest BIS paper
Plus ça change, plus c’est la même chose Read here
Bill Mitchell
Economics
Bill Mitchell: Marx’s dream does not justify ignoring day-to-day human suffering
Marx: Philosopher or Scientist? And where is the revolution? Read here
Economics
Bill Mitchell: Latest US quits behaviour signals possible shift in power to workers
The latest JOLTs data is interesting because it signals are possible shift in bargaining power in the US labour market towards workers. The most obvious sign of that is the rising quit rates, which are […]
Economics
Bill Mitchell: The British Chancellor cannot run short of sterling unless he chooses to do so
Despite knowing better, the British Chancellor continues the farce of “How shall we pay for this?” Read here
Economics
Bill Mitchell: The one-trick New Keynesian ponies are back in town
The deficit/debt and inflation phobes, the one-trick ponies, are increasingly coming out and attempting to force the debate back on their terms. Read here
Economics
Bill Mitchell: British Labour Conference seems to be going well
British Labour Conference and the IMF are today’s topics. Read here
Economics
Bill Mitchell: The Merkel failure
An excellent summarisation of what everyone knew, but few dared to say until Merkel was gone. Read here
Economics
Bill Mitchell – They never wrote about it, talked about it, and, did quite the opposite – yet they knew it all along!
During the GFC, a new phenomenon emerged – the ‘We knew it all along’ syndrome, which was characterised my several mainstream New Keynesian macroeconomists coming out and claiming that some of the insights provided by […]
Economics
Bill Mitchell: European growth positive but weak
Key Eurozone states are still lagging behind where they were before the pandemic. In some cases (Italy and Spain), they hadn’t even got back to pre-GFC levels of activity before the pandemic stuck. Read here
Economics
Bill Mitchell – The Bank of Goldman Sachs at Threadneedle Street
A good insight into the thinking of a central bank Read here