Bill Mitchell: US labour market reverses direction but for how long?
The current position of the US government has biased their stimulus spending towards the corporate sector and high income earners. Read here
The current position of the US government has biased their stimulus spending towards the corporate sector and high income earners. Read here
The significance of hysteresis. Read here
A reflection would suggest that France should lead the way out of the Eurozone and craft policy that advances the interest of all French citizens rather than play into the global aspirations for supremacy held […]
The beginning of the blog concerns Australia, but quickly goes over to the EU. Read here
What is wrong with Europe these days is its structures and cultures have combined to create dysfunctional responses from government to crises. Read here
It is very disturbing that the media misleads people so manifestly. Read here
Governments save economies. Never let a mainstream economist tell you that government intervention is undesirable and that the ‘market’ will sort things out. Never let them tell you that large-scale government bond purchases by central […]
The numbers filing for unemployment insurance continue to rise and now top 43.2 million since March 7, 2020. A further 1.9 million filed in the week ending May 30, 2020. Read here
The ECB is the currency issuer and it does more or less what it likes to keep the Member States solvent. Read here
One question that continually comes up when I do interviews is this: If governments are not financially constrained in their spending why do they issue debt? Read here
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