The IMF joint hosted a conference in Tokyo last week – Fiscal Policy and Sovereign Debt – and the continues its misinformation campaign on the ‘dangers’ of public debt. The conference claimed that it brought […]
The EU has bound themselves up so tightly in their ‘framework’ and rules and jargon that the – Eurosclerosis – of the 1970s and 1980s looks to be a picnic relative to what besets them […]
l usage. But that pathway is in my view incompatible with the capitalist logic. Read HERE
So all the talk of Russia becoming a threat to NATO seems to be obfuscation and one wonders why the European leaders are so intent on spending billions of euros supporting the Ukraine when they […]
We will never reach the nirvana that Keynes envisaged because the structure of capital ownership will never permit it. Governments can tinker around the edges but ultimately they have demonstrated a lack of resolve to […]
When I was in London recently, I was repeatedly assailed with the idea that the Liz Truss debacle proves that the financial markets in Britain are more powerful than the government and can force the […]
If you read or re-read E.P. Thompson’s epic study I think it becomes obvious how relevant it is to today’s struggles. Read HERE
André Gorz: “The profit-driven economy must be replaced by a decentralised, distributive economy. Only in integrated communities, “on a human scale”, can the adjustment of production to needs and of needs to resources – as […]
The latest information from Japan suggests that in December 2023, its inflation fell sharply for the second consecutive month and that one might conclude the inflation episode is coming to an end. The Bank of […]
We had one central bank – the Bank of Japan – defying the consensus of central banks, the IMF, and taking on the financial markets and holding interest rates unchanged for the duration of this […]
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