Finance
Yanis Varoufakis – Forget shares, bonds and tariffs. Here is what you should really worry about
A very short piece but definitely a thought worth thinking about. In Yanis Varoufakis’ blog. Read the article HERE.
Monetary Policy
Economics
Richard D. Wolff, Michael Hudson – The Horizon Nears on America’s Free Financial Ride
Is the rising price of gold a threat to dollar hegemony? Cross-posted from Michael Hudson’s blog NIMA ALKHORSHID: Hi everybody, today is Thursday, February 20, 2025, and our friends Richard Wolff and Michael Hudson are […]
Economics
Michael Roberts – Jackson Hole celebrates itself
Central banks cannot control employment and inflation by fiddling with the base rate of interest. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog Every August the […]
Economics
L. Randall Wray – Did We Do MMT During COVID?
MMT economist argues that MMT policy solutions were not applied during the 2008 financial crisis nor the pandemic crisis, but in both cases the government solutions showed that affordability is not the problem. L. Randall […]
Economics
David Spencer, Muhammad Ali Nasir – UK interest rates: crashing the economy is no way to bring down inflation
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 […]
Finance
Richard Murphy – The era of independent central banks should be over
‘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 […]
Economics
Reuters: Lira plunges more than 7% as Turkey edges towards free market
Erdogan seems to be responding to his election victory by retreating towards more ‘orthodox’ macroeconomic policies. Read the article HERE.
EU politics
Jordi Schröder Bosch: Beware of the lags
The European Central Bank has raised interest rates again, despite the alarming signs that a financial crisis is looming. Jordi Schröder Bosch is a researcher at Positive Money Europe. Cross-posted from Positive Money Europe Prices […]
Economics
Jordi Schröder Bosch – Walking the tight-rope: the trade-offs between financial and price stability
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 […]
Economics
Michael Roberts: Monetary tightening, inflation and bank failures
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 […]