Tens of thousands have taken to the streets in opposition to a new law that imposes drastic conditions on working people in Hungary. The contentious law increases the limit on overtime to 400 hours a year and breaches the European Union Working Time Directive.
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 […]
Things seem to come in cycles. We have been at this for some years now – trying to articulate the principles of Modern Monetary Theory (MMT) in various ways in various fora. Read here
Is it supply that drives an economy or demand? Read here
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