Economics
Bill Mitchell – US Federal Reserve statement signals a new phase in the paradigm shift in macroeconomics
For macroeconomics, we might think of progress as occurring one crisis at a time Read here
Bill Mitchell
EU politics
Bill Mitchell: British-EU disputes suggest the Tories are set to break away from the sordid Thatcher legacy
Some reflections on the current British-EU stand-off Read here
Economics
Bill Mitchell: Tracing the roots of progressive views on the duty to work
Part 2 of a series. There are a number of interesting thoughts concerning a very divisive topic. Read here
Economics
Bill Mitchell: Latest data – largest quarterly output decline in recorded US history – but Europe is worse
Unfortunately mostly US and little Europe. But as the US is faring better than Europe it is still a bellwether and might provide some insights with regard to the EU. Read here
Economics
Bill Mitchell: Setting things straight about the Job Guarantee
The problem with MMT over decades was that it was being attacked mainly by people that had not even bothered to understand it, much less read the literature. We are experiencing the same thing with […]
Austerity
Bill Mitchell – The Eurozone and its Current Political and Economic Crisis
Economics beyond the Swabian hausfrau, July 14, 2020 The Eurozone was the product of a long struggle by neoliberals to reconfigure European states in order to redistribute income away from workers. Now the Union finds […]
Austerity
Bill Mitchell: Governments are now in an ideological bind
The EU is a system that survives because the key institutions break the law – to the advantage of neo-liberal interests. Read here
Climate Crisis
Bill Mitchell: How hard is it for the government to create some jobs?
The – Report of the Special Rapporteur on extreme poverty and human rights – for the UN was released this week (July 7, 2020). It was Philip Alston’s last report in that role. It is […]
Climate Crisis
Bill Mitchell: We can have full employment again in a green world
We can have full employment again. We can choose a Just Urgent Sustainable Transformation Read Here
Economics
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