Larry Elliot: Think our governments can no longer control capitalism? You’ve been duped
In reality there has been a class war, in which the right has spent decades using the state to undermine workers. We can fight back Read here
In reality there has been a class war, in which the right has spent decades using the state to undermine workers. We can fight back Read here
Obsession with debt reduction has been disastrous and arguments against a borrow-to-invest approach no longer pass muster Read here
This is a problem that we all have. We know that GDP is the wrong metric, but we still use it. It is like flying. Everyone know this is one of the worst causes of […]
The British Conservative Party has proven what every critical economist has been saying for years. Now it has become clear for all to see that the Tories’ claim that they could cut the economy back […]
Do not be distracted by the title. This is an excellent article explaining the current Second Gilded Age and the ‘Medici vicious circle’, where money is used to get political power and political power is […]
Well explained, simple to understand. Elliot looks at the consequences of the Phillips Curve not functioning. This would mean central banks have no idea what are the consequences when increasing their interest rates. Read here […]
People in Britain are ready for a radical change. The Tories are politically bankrupt, which most everyone seems to agree on. Trying to brand Corbyn a Marxist throwback who wants to turn Britain into Venezuela […]
From The Guardian Central bank infallibility was always something of a myth. Much of the decline in inflation in the 1990s and early 2000s was due to globalisation rather than the brilliance of central bankers. […]
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