Category Archives: Macroeconomic policy

Heiner Flassbeck: The Euro Arrangement Is Faulty

Heiner Flassbeck shows it defies macroeconomic logic to promote surpluses for Germany, prohibit government deficits everywhere else and forbid the central bank from acting as the central bank of each Euro member.

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Political Scientist Tom Ferguson on Big Money and Social Conflicts in the Covid-19 Era

An incisive take from the no-holds-barred Tom Ferguson.

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Finance Capitalism vs Industrial Capitalism: How Financial Parasites and Debt Bondage Are Destroying Us

Another Michael Hudson star turn on debt dynamics, this time focusing on the coronavirus bailouts are shoring up rentiers.

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