The growing divide since the 1980s is about the fortunes of large cities compared to smaller units. But the economic theory behind that dynamic can also be used to help those left behind. Read here
Simon Wren-Lewis, one of the architects of the British Labour Party´s “Fiscal Rule”, replies to Bill Mitchell`s criticism (read here and here) Read here
Simon Wren-Lewis who is not a corbynite, has long been an astute critic of British media. Once again he turns to his attention to how the British media incessantly trashes the Labour Party leader. Read […]
Inside the Eurozone the creditors have too much power, because they can threaten to cut off money to a member’s banking system or throw you out of the club. The Eurozone has not learnt this […]
In Germany austerity is still considered the only responsible financial policy – by politicians, media , and populace. The same is true of the EU poltical elite. Read here
The United Kingdom is waking up to a serious problem: Not only are their media hopelessly biased in its support of reactionary politics, but they are using think tanks that are being paid by the […]
It is good to read a piece by an economist, which puts politics back into austerity. Read here
This is a topic that Wren-Lewis has been pursuing himself for years: following the Great Financial Crisis British corporate Media changed the discourse from the irresponsibility of banks , to one of fiscal prodigality by […]
” The problem is that the senior managers, the auditors and the Board are not in prison and have not even suffered any financial loss.” Simon Wren-Lewis tells it like it is. Read here
Monetary policy is not working and much of the world economy is limping along waiting for the next crisis and recession. Recently we posted an excellent article on the necessity of fiscal policy by John […]
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