So much for the myth that the private sector is cheaper and better. The housing crisis is not a demand side problem, but a supply side, as companies seek excessive profits.
Read here
The Irish Times: Exploding Ireland’s housing crisis myths
Austerity
Paul Mason: Neoliberalism is a real economic model – here’s how the left can overturn it
The replacement of a hyper-financialised system will require a radical reshaping of the state, new national and global institutions, and new treaties. Read here
EU politics
Bloomberg: The French Have Another Reason to Be Angry at Emmanuel Macron
This is probably the only sensible thing Macron has done up to now, but his dirigiste manner has not bothered to convince voters, nor do the additional taxes appear to be destined to improve public […]
Economics
Bill Mitchell: We are not going back to the 1970s
Many commentators keep falling into the trap of saying that history is repeating itself – meaning that it is the 1970s over again. I maintain my position that this is not akin to what was […]
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