Economics
Bill Mitchell – Corporate profit greed is driving inflationary pressures
Corporations highly destructive market power is key to the inflation crisis. Read the article here.
Inflation
Economics
Bob Hancké: Socialism for the bankers, capitalism for the rest of us – so it goes
The European Central Bank’s interest rate rise is wealth redistribution from us to the bankers – again Cross-posted from the LSE Europe blog About a decade ago, the billionaire Warren Buffett stated, with thinly veiled […]
Economics
Dean Baker: The Fed Should Not Allow Itself to Get Bullied into Bringing on a Recession
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 […]