Even though the struggle over Greece’s bailout has receded from the news, with many countries carrying large debt burdens, the need to restructure sovereign debts is not going away. This Real News Network segment gives an overview of the state of play.
Read more...Why finance-influenced economic policy in the US has managed to avoid deflation while in Europe, it has stoked it.
Read more...Making sense of the “overly dynamic” process of forming a new government in Portugal in the wake of an inconclusive election.
Read more...Most of the world, and most notably the United States, is in the grip of fiscal myths fostered by the ideology of neoliberalism. It’s time to debunk them.
Read more...Finding the common threads of Germany’s latest scandals.
Read more...Brookings deigns to consider the idea of minting a high-value platinum coin as an emergency solution to a debt-celing impasse.
Read more...Further discussion of why the excuses to do nothing or too little on the climate change front don’t hold up to serious scrutiny.
Read more...Why the excuses to do nothing or too little on the climate change front don’t hold up to serious scrutiny.
Read more...This is a bracing, no-nonsene talk from economist Mark Blyth of Brown University, who is the author of Great Transformations: Economic Ideas and Institutional Change in the Twentieth Century and Austerity: The History of a Dangerous Idea.
Read more...An interview with Michael Hudson on his latest book, Killing the Host, which focuses on the destruction wrought by financial capitalism.
Read more...Puzzling over the Great Divergence of real and nominal yields. Ever since the Great Depression, nominal yields have been persistently above real yields Yet in the previous 200 years, despite periods of fiat currency and high inflation, real and nominal yields didn’t diverge. Why do they now?
Read more...A must-watch speech by the great British socialist Tony Benn.
Read more...Greece, which has undertaken the most severe austerity, has experienced the deepest economic contraction. But the policy quackery continues.
Read more...Why “neoliberal” is the framework that best describes our new, post 1980 form of capitalism.
Read more...Debunking the uniformed and regularly hysterical mainstream treatment of government debt and deficits.
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