Corruption
Paulo Pena: Europe’s governments inflate housing prices with huge tax privileges for real estate
Part of an investigation by Investigate Europe into how house price inflation is government sponsored. Read the article HERE.
Inflation
Climate Crisis
Uuriintuya Batsaikhan: High interest rates are a threat to the green transition
High interest rates will increase the cost and slow the speed of decarbonisation, most notably in the areas of energy efficiency and renewable energy Cross-posted from the Positive Money Europe blog To reach net zero […]
Economics
Bill Mitchell: The transitory inflation conjecture gains even more data credence
International economic data suggests the supply drivers of inflation may be abating. Read the article HERE.
Climate Crisis
Claudia Horn: Europe Needs to Radicalise Its Climate Policies in Response to the Energy Crisis
The EU is watering down its tepid ecological reforms as energy prices soar. Read the article HERE.
Economics
Richard Murphy: The maliciousness of central bankers is showing it has no limits
The Federal Reserve, the Bank of England and the European Central Bank all appear determined to tip the world economy into recession Cross-posted from Tax Research UK Amazon forecast yesterday that it will make sales […]
Economics
Michael Roberts: The inflation conundrum
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 […]
Economics
Patrick Kaczmarczyk: Interest rate hikes are not the answer to Europe’s inflation problem
The history of ECB rate hikes is disastrous – there’s little reason to believe it will go any better this time Cross-posted from the LSE EUROPP blog INFLATION rates across the Eurozone are putting the […]
Economics
George Kerevan: A marxist analysis of the new inflation
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 […]
Economics
Grace Blakeley – The Elite’s Answer to the Cost of Living Crisis: More Unemployment
The Bank of England is engineering a recession because it believes it will reduce inflation and weaken the spirits of the workers’ movement Read the article here.
Corruption
BBC News – Energy bills forecast to hit over £4,200 a year in January in new warning
By January, UK energy prices will have more than doubled in a year. Read the article here.