The mainstream economists keep claiming that fiscal deficits are undermining the future standards of living of workers – an erroneous claim at best. Read here
The average citizen’s idea of what makes for his or her well-being probably includes a roof, safety, health and economic security. But how should governments steer their policy to achieve that end? By Bill Mitchell, […]
Bill Mitchell on the European elections and accusations against him and Thomas Fazi in relationship to nationalism. Correctly he asks: what definition of nationalism – in the meantime a weaponised term of the EU political […]
“The Eurozone is crawling along the growth gutter, mass unemployment is still at grossly elevated levels, poverty rates have risen, local community services are degraded, essential public infrastructure is in a growing state of disrepair, […]
Europe´s future generations will pay for the German ideological obsession for rules over reality. Read here
In Part 1, I introduced the discussion about the use of industry policies in the Keynesian period after World War 2. Most nations adopted a mixed planning-market based system for allocating productive resources and the […]
First it was capital controls (no one talks about the success of Iceland with this policy) that the IMF revised. Now it is what the IMF refers to as “The policy that shall not be […]
Understanding the failures of the European Central Bank Read here
“This is the final part of my three-part series on the why I have confidence in the primacy of fiscal policy over monetary policy and eschew any proposals, by other Modern Monetary Theory (MMT) advocates […]
“This is the second part of a three-part series discussing the political issues that give me confidence in the primacy of fiscal policy over monetary policy.” Read here
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