The ‘cost of living’ crisis has structural dimensions – the privatised essential services etc which has spawned profiteering at the expense of service quality and scope and has been a problem for several decades now. […]
In July 2022, the US labour market produced reasonable growth in employment but at the same time the participation rate fell. The fall in the official unemployment rate was all down to the declining participation […]
Corporations highly destructive market power is key to the inflation crisis. Read the article here.
In a recent episode of Macro N Cheese, Steve spoke with a guest about the MMT view of exports as a benefit and imports as a cost. There ensued some disagreement on social media (where […]
A healthy society cannot have millions of people of working age permanently on disability support because Covid has rendered them unable to work. Read Here Photo by Steelcase via Wikimedia Commons
My topic today is the issue of the ‘work from home’ phenomenon, which is one of the better things Covid has produced. I explain why. But I also realise a lot of commentators view the […]
The policy announcements last week demonstrate how riven the ECB and the whole European policy machinery is with contradictions and false premises Read Here
The justification by the US Federal Reserve for pushing up interest rates to quell wages pressure does not stack up with the evidence. Read Here
It appears that many still do no understand how banks work and make profits Read Here Photo: JamesQube from Pixabay
It seems that there are different paths that policy makers can take within a capitalist monetary economy. They can allow corporations to profit gouge at the expense of the workers and then turn on the […]
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