Austerity
Bill Mitchell – As you were Greece – remain in permanent depression – commitments are commitments!
Depressing reading, but as you would expect of Bill Mitchell, well documented. Read here
Bill Mitchell
Austerity
Bill Mitchell: ‘Sound finance’ prevents available climate solution with massive jobs potential
“The perfect match – tree planting and job creation” Read here
Austerity
Bill Mitchell: Reliance on monetary policy is mindless, ideological nonsense
Although the article is about the current economic situation in Australia, it is applicable to the EU. Read here
Corruption
Bill Mitchell: The European Union once again reveals why it should be dissolved
With laws and rules and everything being “so complicated” the EU avoids any real scrutiny. Bill Mitchell is one of the few exception.s Read here
Austerity
Bill Mitchell: The Greek colony remains in depression
“If one ever needed reminding of the colony status of the once magnificent Greek nation you just have to consider that statement. The EU institutions consider it appropriate that democratically-elected governments in the EMU should […]
EU politics
Bill Mitchell: A leopard never changes its spots – Jens Weidmann, ECB President aspirant
So Europe is back to its Franco-German rivalry and emerging out of that process is the unthinkable – Bundesbank President, Jens Weidmann – becoming a front-runner to take over the ECB role. He is a […]
Economics
Bill Mitchell: Fiscal policy paralysis and ECB credibility in tatters
Last week, the EU finance ministers (the ‘Eurogroup’) met (June 13, 2019) in Luxembourg as part of their regular schedule. There was a lot of talk in the lead-up to the meeting whether Emmanual Macron’s […]
Economics
Bill Mitchell: Seize the Means of Production of Currency – Part 2
Are taxes necessary according to MMT? You can read Part 1 here Read here
Economics
Bill Mitchell: Seize the Means of Production of Currency – Part 1
Modern Monetary Theory (MMT) not only threatens vested neo-liberal interests in politics but also challenges the hegemony of mainstream macroeconomists who have been able to dominate the policy debate for decades using a series of […]
Economics
Thomas Fazi, Bill Mitchell – For MMT
Leading proponents of Modern Monetary Theory respond to Tribune’s recent article on the topic, arguing that socialists should not be afraid to “seize the means of production of money.” See also the article to the […]