First, let me answer the question in the title: I do not know because, according to conventional theories, when the realised and expected inflation rates are as high as they are in the United States […]
Many people might know Universal Basic Income (UBI), but fewer are familiar with Universal Basic Services (UBS), providing essential services according to need, not ability to pay. This is a collective alternative to the individualist […]
They have the jobs, they have the money, they have the political backing. Why should neo-classical economists want to change anything? Ann Pettifor – Economist, director of Policy Research in Macroeconomics (PRIME) – Author of […]
Central Banks have discovered that they have little idea of what is occuring in the economies they are supposed to be guiding. Using economic models that do not function makes it almost impossible to guride […]
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