Austerity
Bill Mitchell – Data suggests a unilateral Greek exit would have been much better than their colonial future under the Troika
The damage done to Greece will not disappear – at least not for decades. Read here
Bill Mitchell
Economics
Bill Mitchell – The evidence from the sociologists against economic thinking is compelling
Another take on why neo-classical economics is so miserably failing society. Read here The cartoon has little to do with the article, but we found it entertaining
Economics
Macro n Cheese: Bill Mitchell – Trade, Foreign Exchange and Modern Monetary Theory: A Field Guide
Listen here For non-economists to learn essentials such as the balance of payments, currency exchange, and trade between nations, presentation matters. The brilliant Bill Mitchell, as always, distills complex concepts in such a way that […]
Economics
Bill Mitchell: China slowdown highlights the madness of the Eurozone austerity
The chickens are coming home to roost at present and the irony of all this is that ultimately German and Dutch external surpluses will fall below the allowable EU imbalance threshold of 6 per cent […]
Finance
Bill Mitchell: MMT And The Green New Deal
Professor Bill Mitchell gives a talk at the Brighton Labour Party conference about MMT and the Green New Deal, and answers audience questions. Recorded 23rd September 2019. Listen here
Economics
Bill Mitchell: Euro policy elites deliberately destroyed jobs and income to achieve erroneous fiscal goals
No, as long as the EU/euro hegemon Germany dictates policy the EU is going nowhere. No wonder the PIS in Poland keep reaching record numbers of voters. They have a fiscal policy. No wonder that […]
Economics
Bill Mitchell: Is the British Labour Party aboard the fiscal dominance train – Part 1?
The Labour Party is thus being left behind because they have been taking advice from economists that are stuck in the old paradigm, notwithstanding their efforts to claim otherwise. At the heart of this old […]
Economics
Bill Mitchell: ECB confirms monetary policy has run its course – Part 2
“We are entering a new era where the neoliberal obsession with so-called monetary policy reliance is becoming increasingly discredited and exposed by the evidence base. Fiscal dominance is approaching.” Read here
Austerity
Bill Mitchell: ECB confirms monetary policy has run its course – Part 1
“Despite rather significant monetary policy gymnastics, aimed at stimulating economic growth and lifting inflation rates, central bankers have largely failed. They have failed because they are wedded to mainstream theory. Fiscal policy makers are constrained […]
Austerity
Bill Mitchell: Germany to play smokes and mirrors again
Germany is proposing some more smokes and mirrors so that it can maintain its position as the exemplar of fiscal responsibility by obeying its ‘Debt brake’ yet inject significant deficit spending into its recessed economy, […]