Michael Hudson describes how, in antiquity in Greece and Rome, emerging oligarchs ended the practice of debt jubilees, impoverishing laborers.
Read more...Another important day for Brexit, when there is way too much to be decided with the stakes so high
Read more...Bill Black highlights how prominent economists apply double standards with respect to MMT.
Read more...At a G20 preparatory meeting, an INET panel analyzed how governments can prevent banks from exploiting taxpayer-funded bailout guarantees. The panelists didn’t mince words.
Read more...More Brexit stumlbing about as the EU sounds alarms.
Read more...The world economy has experienced deglobasation phases before. How this one differs from its predecessors.
Read more...An update by Jomo Kwame Sundaram on how China and the US are faring in their use of trade and development policy to foster growth and project power.
Read more...FIS and Worldpay are merging, hyping that they’ll be a bank in a box. Clive looks under the hood and doen’t like what he sees.
Read more...How China is cuttting into America’s technology advantage, and how the US can respond.
Read more...Chronicling and debunking more scurrilous attacks against MMT.
Read more...A high-level discussion of some of the operational issues posed by a Green New Deal.
Read more...Economists should stop pretending to be scientists and go back to the core of the discipline—as a field of inquiry and way of thinking
Read more...The ECB again rides in to try to paper over fundamental problems with the EU’s structure and to offset is austerity bias by restarting QE. But the EU needs more government spending. Will it take another crisis to get there?
Read more...On the remarkable surge of interest in and attacks against MMT by mainstream economists and pundits.
Read more...China wins big in trade in 2018.
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