Mainstream economics doesn’t have an adequate answer to the question: ‘what causes inflation?’ Cross-posted from Michael Roberts’ blog In many previous posts, I have argued the current sharp rise in inflation rates in all the major […]
The trade and development department within the UN has published a report warning the advanced economies to “avoid austerity” and “revert course and avoid the temptation to try to bring down prices by relying on […]
Interest rates are rising like never before, and it’s the world’s poorest who will suffer most. Read the article HERE.
Analysis of “the bankers’ budget” in the UK. Read the article HERE.
An in-depth perspective on the current inflation crisis, arguing that it is not fundamentally driven by short-term factors and instead is intrinsic to the key contradictions in present-day global capitalism. Thus, it is likely to […]
Eight main lessons distilled from an academic literature review on the nexus of inequality and monetary policy Cross-posted from Positive Money Europe Inequality has long been a foremost public concern, but not so for central […]
Corporations highly destructive market power is key to the inflation crisis. Read the article here.
The recession drums bang loudly on both sides of the Atlantic Cross-posted from the CEPR blog. There is a loud and growing chorus demanding that the Fed follow a path of aggressive rate hikes, which […]
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