This is one of the most fascinating articles we have posted for some time. It is a one-sided recollection of an event, so one has to be careful, but it is in keeping with much […]
It appears that Alexis Tsirpas`s socialists have become true social democrats. Read here
“A brief reflection on the latest crisis that is about to engulf the Eurozone. I am referring to the announcement by the Italian government that it will target a fiscal deficit of 2.4 per cent […]
It is noticeable that the economic mainstream is becoming increasingly uncomfortable by the increased interest in Modern Monetary Theory. Bill Mitchell is right. There appears to be an effort to co-opt Modern Monetary Theory under […]
The whole machinery of public procurement that has emerged in this neoliberal era needs to be abandoned and replaced with decision-making processes and rules that privilege the advancement of public well-being over profit. Read here
That ‘naturalisation’ of concepts and theories that are manifestly wrong in terms of how they represent our reality are reinforced by the set of myths that go to the core of mainstream macroeconomics. Read here
Concerning the British Labour Party and Modern Monetary Theory. Read here
Mitchell ‘s conclusion: “It is almost inconceivable that an advanced nation could tolerate the sort of changes that have been occurring in Britain over the last 8 years or so.” Read here
On Tuesday Jeremy Corbyn gave a speech announcing plans to change the way the British government spends if he is to be elected: the government would prioritise British producers. Here is Bill Mitchell´s take on […]
The “Third Way” social democrats in Europe and “liberal democrats” in the US are politically bankrupt. Their only assets are the donations from financial institutions and international corporations, but as we saw with Hilary Clinton, […]
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