Locked in a costly war of attrition against Russia, there are concerns over how the country will rebuild after the fighting stops
Economics
Bill Mitchell: RBA rejects theory that interest rate rises cure Covid and make trucks go faster
“There was an important speech delivered by the Governor of Australia’s central bank today that reveals the reasons that the RBA is once again refusing to be bullied into increasing interest rates rises by the […]
Economics
Martin Schirdewan – Europe Fails Another Test of Solidarity
Last night’s EU Council meeting once again failed to agree a rescue package large enough to meet the scale of the coronavirus crisis – and hung Europe’s peripheral states out to dry. Read here
Finance
Michael Roberts: Capitalism without capital – or capital without capitalism?
The control of intangibles by a small number of mega companies could well be weakening the ability to find new ideas and develop them. Monopolies on intellectual property is not only damaging for the economy, […]
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