The EU enshrines Thatcherism in one continent — the belief it can be reformed from within is deluded.
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EU politics
Bill Mitchell – Britain’s austerity costs are larger than any predicted Brexit losses
“New data now allows us to compute the losses arising from the deliberate strategy of fiscal austerity that the Government has pursued. Guess what? They appear to dwarf all the Project Fear estimates of losses […]
Austerity
Bill Mitchell: Greece – the next bailout is just around the corner
Greece has disappeared from the headlines, but its disastrous economic state has changed little. Bill Mitchell looks at the nation that purportedly turned the corner. Read here
Economics
Bill Mitchell: Reclaiming our sense of collective and community – Part 1
That ‘naturalisation’ of concepts and theories that are manifestly wrong in terms of how they represent our reality are reinforced by the set of myths that go to the core of mainstream macroeconomics. Read here
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