Bill Mitchell: More evidence against the ‘trickle down’ orthodoxy in macroeconomics
“Trickle Down” has nothing to do with economics. It is a tool of class war from above. Read here
“Trickle Down” has nothing to do with economics. It is a tool of class war from above. Read here
Getting caught on the EU’s largest trading partner – with a round 200 billion trade surplus Read here
“For a monetary system that professes virtue because it is so rule-driven, the day-to-day reality is a sort of ad hoc adventure where there are no rules.” Read here
Labour too has become a zombie party as have most of the other Social Democratic parties in Europe. Being a neo-liberal party and in favour of inequality is done much better by the Tories. Labour […]
Universities and academics around the world are on the defensive Bill Mitchell is a Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at the University of Newcastle, NSW, Australia. […]
Mainstream policy says the central bank has to hike interest rates to suppress spending and the outcome is rising unemployment. Not with a Job Guarantee Read here
A closer look at the US unemployment numbers Read here
It is not the ‘state’ that is at fault but the ideologues that have taken command of the state machinery and reconfigured it to serve their own agenda, which just happen to run counter to […]
What a lot of people do not fully grasp. Inflation can be driven by administrative decisions and can be curtailed or restrained by varying those decisions. Read here Hyperinflation in the Weimar Republic
The US Department of Labor’s weekly data releases are indicating that as the virus escalates, seemingly out of control, the labour market recovery has all but stalled and a reasonable prediction would be that it […]
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