Since inflation started rising, British capitalists have been raking in massive profits while workers have suffered a disastrous wage slump. Yet the Bank of England still wants to boost unemployment in case workers develop their […]
The Bank of England is deliberately seeking to make households poorer and increase unemployment through its blunt, ineffective rate-rise policy. David Spencer is Professor of Economics and Political Economy at the University of Leeds. Muhammad […]
New OECD report is revealing as to which European countries are being hit hardest by the cost of living crisis and what is driving. Michael Roberts is an Economist in the City of London and a prolific […]
Beneath the surface of the inflation crisis – which will soon become a global slump – is the failure of capital accumulation to improve productivity Michael Roberts is an Economist in the City of London and […]
‘Independent’ central banks are really a license to run monetary policy in the interests of the wealthy without any democratic accountability. Richard Murphy is an economic justice campaigner. Professor of Accounting, Sheffield University Management School. Chartered […]
The insanity of doing the same thing over and over again. From Ann Pettifor’s substack. Read the article HERE.
While the world experiences a major hunger crisis, the 20 largest food corporations returned $53.5 billion to their shareholders in the past two years. Davi Martins is senior campaign strategist for biodiversity at Greenpeace International. […]
European Central Bank chief Christine Lagarde’s claim that there is no trade-off between price stability and financial stability is evidently untrue and may come back to haunt her. Jordi Schröder Bosch is a researcher at […]
A wider lens on the dynamics driving the Silicon Valley Bank collapse. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog LAST week, US Fed Chair Jay […]
A look at Joseph Stiglitz’ analysis of the current drivers of inflation and what to do about it. Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael Roberts’ blog […]
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