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HomeBill Mitchell

Bill Mitchell

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Economics

Bill Mitchell – Forget the record deficits and public debt – focus on what the net spending is doing to advance well-being

October 19, 2020 Mathew D. Rose 0

MMT economists have always held the view that a focus on deficits and debt aimed at assessing solvency thresholds and the like has never been justified and has underpinned destructive policy interventions that have undermined […]

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Austerity

Bill Mitchell – When disaster strikes the poorest nations, the IMF guarantees to make it worse

October 15, 2020 Mathew D. Rose 0

While even many progressive economists were effusive about the advances being made in IMF policy the same neo-liberal destruction continues in practice. Read here

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Economics

Bill Mitchell: US labour market – floundering now despite modest gains

October 9, 2020 Mathew D. Rose 0

Things are not going much better on the other side of the Atlantic. Clearly, the 20.7 million job loss in April has not yet been reversed. Given the loss of payroll jobs in March and […]

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Economics

Bill Mitchell: Tax cuts are unlikely to work at present and are less effective than government spending increases

October 1, 2020 Mathew D. Rose 0

A short lesson in macroeconomics Read here

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EU politics

Bill Mitchell: Ex German Finance minister deliberately misses the point about the ECB

September 24, 2020 Mathew D. Rose 0

Once again the Germans are trying to assert their authority over the ECB and bully it into constraining the only policy intervention that is saving the eurosystem from collapse, by way of insolvency of several […]

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Economics

Bill Mitchell: There is no inevitable trade-off between saving the lives of the aged and economic prosperity

September 21, 2020 Mathew D. Rose 0

The more sophisticated critics hide behind sophistry and false premises to push the argument that lockdowns are worse than spirally death rates. Read here Source: Wikimedia Commons

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EU politics

Bill Mitchell: British legislation must be able to override EU law – that is what independence means

September 14, 2020 Mathew D. Rose 0

Let us be honest, the EU perpetually breaks rules, laws, and treaties. Bill Mitchell lists many of these. Read here

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Economics

Jonathan Portes vs Bill Mitchell – Are tax rises now inescapable?

August 29, 2020 Mathew D. Rose 0

Post-Covid, are taxes hikes essential to fund the future? Or should we abandon “deficit fetishism” and spend our way to prosperity? Read here Mural by Megan Wilson. Photo: victorgrigas / Wikimedia Commons

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Economics

Bill Mitchell – US labour market improvement continues but there is still a long way to go

August 29, 2020 Mathew D. Rose 0

The US government should introduce substantial job creation policy initiatives. The current position of the US government has biased their stimulus spending towards the corporate sector and high income earners. Read here

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Economics

Bill Mitchell: Tracing the roots of progressive views on the duty to work

August 24, 2020 Mathew D. Rose 0

Part 3 of a series. There are a number of interesting thoughts concerning a very divisive topic. Read here

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Book Reviews

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EU politics

Blitzed: Drugs in Nazi Germany by Norman Ohler

August 10, 2025 0

Book review by  Branko Milanović As I walked yesterday past the Metropolitan Museum in New York, I saw, among many stands that sell all kinds of trinkets, a table filled with books. One attracted my […]

Economics

The Spectre of State Capitalism by Ilias Alami and Adam D Dixon

July 2, 2025 0

Reviewed by J. D. Evans Alami and Dixon’s The Spectre of State Capitalism is a careful discussion of a topic often dealt with in platitudes and sound-bites. The authors cover uses of ‘state capitalism’ as […]

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