Economics
Bill Mitchell: Governments should not ‘cool’ an economy or cut deficits when there are millions unemployed still
They have been waiting for years. Now they are back: the free market economists. Read here
Bill Mitchell
Economics
Bill Mitchell: The current inflation trajectory still looks to be transitory
The current inflation is transitory and a result of the Corona disruptions. That said these same disruptions appear to be returning, so this is long from over. Read here
Climate Crisis
Bill Mitchell: The financial markets should be kept away from the climate crisis solution
The narrative that has emerged – that the financial CEOs with “trillions in assets” (all at COP26 because they could smell lucre) are a key to solving the climate challenge – is as ridiculous as […]
Economics
Bill Mitchell: Corporate welfare abounds
A couple of examples of why corporations can do what they want. Read here
Economics
Bill Mitchell: In the battle between government and the hedge fund gamblers – the government has all the cards
Investors is code for speculative gamblers Read here
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
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