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 […]
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.
There is thus fundamental disagreement among MMT economists about the Eurozone. Read HERE
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 […]
Interesting analysis of Germany’s macroeconomic strategy. Published in Bill Mitchell’s blog. Read the article HERE.
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 […]
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 […]
The IMF joint hosted a conference in Tokyo last week – Fiscal Policy and Sovereign Debt – and the continues its misinformation campaign on the ‘dangers’ of public debt. The conference claimed that it brought […]
The EU has bound themselves up so tightly in their ‘framework’ and rules and jargon that the – Eurosclerosis – of the 1970s and 1980s looks to be a picnic relative to what besets them […]
l usage. But that pathway is in my view incompatible with the capitalist logic. Read HERE
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