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
Bill Mitchell
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
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 […]