Economics
Bill Mitchell: Does rising income inequality explain the rising support for right-wing political movements?
The answer to this questiion are differentiated and not as simple as often claimed Read HERE
Bill Mitchell
Economics
Bill Mitchell: The hollowing out of the middle class in the US and beyond
So the top end income has boomed in real terms while the bottom end has collapsed. That is the story of the US after several neoliberal decades. And it is the story of most advanced […]
Austerity
Bill Mitchell: The Left has created the swing to the Right – some reflections
The world is shifting rapidly to the Right because the Left has abandoned its voice and its role in given succour to the underdog. We will all regret this era. Read HERE
Economics
Bill Mitchell – ECB should take over and repay all the joint debt held by the European Commission after the pandemic
1. The responsibility for the joint debt be taken off the European Commission and handed over to the ECB. That could easily be done. 2. The ECB then pays the debt off when payments fall […]
Economics
Bill Mitchell – Germany’s sectoral decline and its obsession with fiscal austerity
On Germany’s inexorable economic decline taking the EU down with it. Read HERE
Climate Crisis
Bill Mitchell: Shifts in societal attitudes towards well-being mean that a degrowth strategy does not necessarily have to be political suicide
The link between growth and human happiness Read HERE
Economics
Bill Mitchell: The assessment that Greece has been an ‘astonishing success’ beggars belief
Running primary surpluses when 25 per cent of the population live in poverty does not appear to be an outcome one should boast about. Read HERE
Climate Crisis
Bill Mitchell – The concept of degrowth remains underspecified – reform or revolution?
Marx’s long discredited notion of the – Tendency of the rate of profit to fall – as an intrinsic feature of Capitalism, which he believed would eventually bring the system asunder, is likely to be […]
Finance
Bill Mitchell – Shipping disruptions unlikely to precipitate another inflation surge
Both the Suez Canal and the Panama Canal – two of the world’s most important shipping routes – are “now under stress from various sources”. Published in Bill Mitchell’s blog. Read the article HERE.
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