Heterodox
Bill Mitchell
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The Weekend Quiz – March 23-24, 2019 – answers and discussion
Here are the answers with discussion for this Weekend’s Quiz. The information provided should help you work out why you missed a question or three! If you haven’t already done the Quiz from yesterday then have a go at it before you read the answers. I hope this helps you develop an understanding of modern monetary theory (MMT) and its application to macroeconomic thinking. Comments as usual welcome, especially if I have made an error....
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The Weekend Quiz – March 23-24, 2019
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Australian labour market – weakness continues, January was a blip
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1 Zombie + 1 Zombie equals 1 bigger zombie
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Fake surveys and Groupthink in the economics profession
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Bank of England backtracks on its doomsday Brexit scenarios
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The Weekend Quiz – March 16-17, 2019 – answers and discussion
Lars P. Syll
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The rational expectations putsch
The rational expectations putsch The tiny little problem that there is no hard empirical evidence that verifies rational expectations models doesn’t usually bother its protagonists too much. Rational expectations überpriest Thomas Sargent has defended the epistemological status of the rational expectations hypothesis arguing that since it “focuses on outcomes and does not pretend to have behavioral content,” it has proved to...
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Into Eternity
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Rybin Male Choir
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Public debt — questions and answers
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John Hassler och Klas Eklund — etablissemangsekonomer med dimljuset på
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The real public debt problem
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Speaking truth to power
Real-World Economics Review
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Public debt — questions and answers
From Lars Syll Can a government go bankrupt? No. You cannot be indebted to yourself. Can a central bank go bankrupt? No. A central bank can in principle always ‘print’ more money. Do taxpayers have to repay government debts? No, at least not as long the debt is incurred in a country’s own currency. Do increased public debts burden future generations? No, not necessarily. It depends on what the debt is used for. Does maintaining full...
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Switching track
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The neoliberal governance of the self: a clarification
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Why Minsky matters
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The inconsistencies of intellectual property
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How to teach economics if you have a dissenting perspective
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The logic of artificial scarcity at work
Socialdem. 21st Century
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Proto-Keynesians in the Last Years of Weimar Republic Germany
It is well known that the Great Depression hit Weimar Republic Germany particularly hard. There was severe unemployment, and the wage and price deflation was also severe, as can be seen in these graphs (with data from Mitchell 1992): Moreover, the wage and price deflation did not bring about a rapid or effective recovery. Austerity policies clearly failed in the Weimar Republic, and a number of German businessmen, bureaucrats, journalists, and...
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Three Cheers for Tucker Carlson!: Heroic Economic Populist
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Austerity in Pre-1938 Fascist Austria
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Academic Agent versus Reality on the US Industrial Recession of 1873–1878
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Academic Agent on Herbert Hoover: A Critique
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Ludwig M. Lachmann on the History of the Austrian School of Economics
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Tony Thirlwall’s Lecture on Nicholas Kaldor
Cullen Roche: Pragmatic Capitalism
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An Open Letter to the US Sentate – Vote No on Stephen Moore
To The Senators of the United States of America: This letter will be a swift and thorough explanation for why voting NO on Stephen Moore should be one of the easiest decisions you have ever made. Mr. Moore is a well known TV pundit and political commentator. We should be clear – despite often being referred to as an “economist” Mr. Moore is not, in fact, a PhD holding economist. And his basic misunderstanding of economics has been on...
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The Shortest (and Best) MMT Primer You’ll Ever Read
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Is Government Debt “Equity”?
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The Monetary Duration Dilemma
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Reconciling Krugman vs Kelton
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MMT’s True Colors Appear
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Three Things I Think I Think – Buffett Letter Edition
Steve Keen’s Debt Watch
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Australia’s Economy is a House of Cards
By Matt Barrie & Craig Tindale. I recently watched the federal treasurer, Scott Morrison, proudly proclaim that Australia was in “surprisingly good shape”. Indeed, Australia has just snatched the world record from the Netherlands, achieving its 104th quarter of growth without a recession, making this achievement the longest streak for any OECD country since 1970. Australian GDP growth has been trending down for...
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Shutting down membership
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Brexit debate in London May 31st
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Freezing site/Moving to Patreon & Profstevekeen
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What if my analysis is used for evil purposes?
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Can we avoid another financial crisis?
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Support me on Patreon
Peter Cooper: Heteconomist
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Banks are Capital Constrained, Not Reserve Constrained
Generations of economics students have been misled into believing that banks are reserve constrained. Even today, though most specialist monetary economists would likely cringe at the idea, there are widely used textbooks that teach this mistaken view to a new generation of students. Usually the story is framed in terms of a ‘money multiplier’ model in which an addition of reserves into the monetary system by the central bank will supposedly...
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Fiscal Policy and the Inflation Constraint
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Developments in Value Theory
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MMT and Capitalism from a Marxist Standpoint
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MMT is Politically Open and Applicable to Both Capitalism and Socialism
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One of the Fundamental Differences Between Modern Monetary Theory and New Keynesian Economics
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Fairness and a ‘Job or Income Guarantee’
EconoSpeak
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No More Fed Rate Hikes in 2019…
The fundamentals are "sound"?:PICTURE = 1000 WORDS
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A Small Anecdote about Alan Krueger
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Boeing and the FAA: Rethinking Regulation
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Introductory Econ Textbooks: A Different Take on the Issues
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Lawrence Ferlinghetti Turns 100 Years Old
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capital-T Truth
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The Lordstown Effect
The Angry Bear
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A couple of nuggets of good economic news
A couple of nuggets of good economic news Sometimes there is almost no economic news at all. This isn’t one of those times. Because there have been increasingly ominous signs among the long leading indicators, that have been spilling over into the short leading indicators, suddenly there are a lot of signs and portents to look at. A lot less about jobs and wages that I keep exclusively here. So, once again I got waylaid preparing a long...
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Back To School
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No More Fed Rate Hikes in 2019…
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Open thread March 21, 2019
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The widened Panama Canal is disrupting internal US transportation patterns
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Introductory Econ Textbooks: A Different Take on the Issues
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No More Fed Rate Hikes in 2019…
Stavros Mavroudeas Blog
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«Χρηματιστικοποίηση: ένας αδιέξοδος δρόμος για την Μαρξιστική Πολιτική Οικονομία» – ΑΠΘ
Στις 15-18/3/2019 ο Σύλλογος Μεταπτυχιακών & Υποψηφίων Διδακτόρων του Τμήματος Πολιτικής Επιστήμης του ΑΠΘ διοργάνωσε ένα εξαιρετικά πλούσιο και ενδιαφέρον συνέδριο με κεντρικό θέμα «Όψεις της κρίσης: Πολιτική, Ιδεολογία, Κοινωνία». Στον παρακάτω σύνδεσμο βρίσκεται η παρουσίαση της εισήγησης που προσκλήθηκα να κάνω με θέμα «Η Υπόθεση της Χρηματιστικοποίησης: ένας αδιέξοδος δρόμος για την Μαρξιστική Πολιτική Οικονομία»....
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«Χρηματιστικοποίηση: ένας αδιέξοδος δρόμος για την Μαρξιστική Πολιτική Οικονομία» – ΑΠΘ 16/3/2019 12:30-13:30
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«4η Βιομηχανική Επανάσταση: Μύθος ή Πραγματικότητα;» Μαυρουδέας Σταύρος – Ημερίδα ΕΟΕΔΕ
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«4η Βιομηχανική Επανάσταση: Μύθος ή Πραγματικότητα;», 15/2 ημερίδα ΕΟΕΔΕ Θεσσαλονίκη
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No to the US-led coup d’ etat in Venezuela – 50 academics, intellectuals and trade-unionists from Greece
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Όχι στο αμερικανοκίνητο πραξικόπημα στη Βενεζουέλα
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Global capitalism vis-a-vis 2019: turbulence and anxiety
Thomas Palley
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Inequality and Stagnation by Policy Design: Mainstream Denialism and its Dangerous Political Consequences
This paper argues the mainstream economics profession is threatened by theories of the financial crisis and ensuing stagnation that attribute those events to the policies recommended and justified by the profession. Such theories are existentially threatening to the dominant point of view. Consequently, mainstream economists resist engaging them as doing so would legitimize those theories. ...
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The Fracturing of Globalization: Implications of Economic Resentments and Geopolitical Contradictions
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Recovering Keynesian Phillips curve theory: hysteresis of ideas and the natural rate of unemployment
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Brazil is Falling Under an Evil Political Spell
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Job Guarantee Programs: Careful What You Wish For
Sergio Cesaratto: Politica and EconomiaBlog
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Intervista a Ilsussidiario.net
Intervista a Ilsussidiario.net. Titoli redazionali FINANZA & UE/ Draghi aiuta la corsa dell’Italia nella nuova Commissione Non solo incarichi nella nuova Commissione europea, si comincia già a parlare della successione di Mario Draghi alla guida della Bce 15.03.2019 Mario Draghi, presidente della Bce, con Pierre Moscovici, commissario europeo (LaPresse)...
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Farsi male da soli – un paper con Gennaro Zezza
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Il gran bargain su Micomega
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Editoriale su una rivista tedesca
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La verità sull’Europa
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E’ una questione di interessi
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E’ il tasso di interesse, bellezza!
John Quiggin
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Islam is part of Western civilisation
As the arguments about Western civilisation roll on, I’m struck by the assumption, seemingly shared by both sides of this debate, that the Islam and the Islamic world aren’t part of “Western civilization”. Islam is an Abrahamic religion, standing in essentially the same relationship to Christianity as Christianity does to Judaism. That is, Islam claims to be the completion of the prophetic mission of Christianity, just as Christianity...
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What’s happening to the Australian Dairy Industry
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Reciprocating Hanson’s boycott (reposted from 2017)
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The case for higher wages
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Ultra low wage growth isn’t accidental. It is the intended outcome of government policies (updated)
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Sandpit
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Monday Message Board
Progressive Economics Forum
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Help please!
Can anyone out there help me? Just saw a headline on CNN saying that, in spite of Brexit chaos, unemployment was at an historic low. Likewise in US where in spite of Trump — could it really be because of? — unemployment is also at an historic low. Reminds me that back in the late 1970s there was a G-7 summit in London England. There were pictures in the press of the leaders, beginning with Thatcher. For Italy the joke was that politics was...
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Income Inequality and Redistribution in Venezuela
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Technology and Democracy (continued)
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The Stamp of Oil
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Wilbur Schramm and Noam Chomsky Meet Harold Innis
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Statistics Canada’s Ongoing Consultation about the Market Basket Measure Needs Recalibration
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2019 PEF Student Essay Contest is Open
Thomas Piketty
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To love Europe is to change it
[embedded content] To love Europe is to want to change it. The French and German governments which have been in power for the past 10 years claim to be Europhiles but the truth is that they are first and foremost Euroconservatives. They do not wish to make any fundamental changes to present-day Europe, for fear of losing their power and their illusory hold over Brussels affairs. By so doing, they are digging Europe’s grave. Even Brexit does...
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Wealth tax in America
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1789, the return of the debt
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« Yellow vests » and tax justice
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Manifesto for the democratisation of Europe
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« Le Monde » and the billionaires
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Brazil: the First Republic under threat
Robert Skidelsky
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Check back in a few minutes
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The AI Road to Serfdom?
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Rhymes from Central Europe
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Brexit: Withdrawal Agreement and Political Declaration
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The Continuing Agony of Brexit
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The Case for Compensated Free Trade
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Speech on the Autumn Statement 2018
Philip Pilkington: Fixing Economists
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Some Reviews of My Book
I have come across two academic reviews of my book which can be found here and here. There is also a nice popular review in the Irish Times that can be found here. Advertisements
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2017 Presentation on Ireland
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Presentation on the Irish Economy
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Book Launch in Parliament Earlier This Year
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To What Extent Is Economics an Ideology and to What Extent Is It a Useful Theory?
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Why the Pollsters Totally Failed to Call a Trump Victory, Why I (Sort Of) Succeeded – and Why You Should Listen to Neither of Us
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Achtung! My Book is Coming Out Soon: Here Is a Brief Overview and Some Media Links
New Economics Foundation
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Top 15% of taxpayers should fill NHS funding gap, think tank suggests
New Economics Foundation (NEF) proposes levying £11.1bn for NHS through reform to National Insurance Contributions (NICs) By abolishing the Upper Earnings Limit on NICs, top 15% of taxpayers will pay their fair share for our health system NEF calls for increased investment in preventative measures to ensure a more efficient health system in the future The New Economics Foundation (NEF) today proposes a radical, progressive tax change to...
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Weekly Economics Podcast: One year on from the Grenfell Tower fire
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Take back technology
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Who watches the workers?
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NEF’s Will Brett discusses Network Rail’s railway arch sell-off on BBC 5 Live
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Weekly Economics Podcast: Does the Windrush scandal signal the end of Britain’s ‘hostile environment’?
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NEF in the news, June 2018
Robert Vienneau: Thoughts Economics
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Elsewhere
Arindrajit Dube writes an obituary for Alan Krueger, in Slate. Maria Cristina Marcuzzo, at INET, highlights Krishna Bharadwaj's contributions to economics. Longtime commentator Emil Bakkum's web page, collecting a variety of resources, is here. An advocate of Modern Monetary Theory, Brian Romanchuk is apparently writing a book about models supposedly of Dynamic Stochastic General Equilibrium. Some recent posts include: Questions about time...
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Arguing Against “Libertarianism”
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Should Liberals Want A Coalition With Conservatives Or Labor?
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Scholars on Neoliberalism
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“The Microeconomic Foundations of Aggregate Production Functions”
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Some Contradictions Of Capitalism
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Catalog Of Neoclassical Responses To The Cambridge Capital Controversy
Mike Norman Economics
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Ramanan — Gerald Epstein’s Critique Of Neochartalism
Gerald Epstein and V. Ramanan bring up potential objections to the MMT position based on the international financial situation, an issue that Wynne Godley had pointed out previously.Ramanan has brought up questions around balance of payments issues in the past as well. Now this may sound as a pessimistic view for any individual nation or the world as a whole. The real problem is free trade – the most sacred tenet of the economics profession....
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MarkGB – The reasons we go to war – who do you believe?
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Peter Coy, Katia Dmitrieva, and Matthew Boesler — A Beginner’s Guide to MMT
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Richard Murphy: Tax Research UK – Steve Keen on MMT
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Peter Coy – A Beginner’s Guide to MMT
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Ellen Brown – Bank Interest
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Ellen Brown – Monetary Policy Takes Center Stage: MMT, QE or Public Banks?
Naked Keynesianism
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Bretton Woods and corporate defaults
In the Eatwell and Taylor book, Global Finance at Risk, they had, I think, a graph with the percentage of corporate bonds in default in the US (I don't have the book here, it's my office). I think this is a close one, with data that is more recent (from this Moody's report). The graph shows corporate bond default rates (and also the speculative-grade bond defaults). Note that defaults fall significantly during the Bretton Woods era of capital...
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Galbraith on MMT and the Hyperinflation Boogeyman
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Lara-Resende and MMT in the Tropics
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MMT and its Discontents: Again (Wonkish and Longish)
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Keynesian Economics: Back from the Dead
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Inequality and Stagnation by Policy Design
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Godley-Tobin Lecture – Friday 1st March11:30am – 12:45pm
Prime, Policy Research in Macroeconomics
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TV discussion “Eurozone Future: Is the eurozone really on the brink?”
On Wednesday (6th March) PRIME’s co-director Jeremy Smith was invited by TRT World TV channel to take part in their Roundtable discussion on the future of the euro and eurozone, hosted by David Foster. His co-panellists were Valentina Romei, statistics journalist at the Financial Times, Vicky Pryce, Chief Economics Adviser to the Centre for Economics and Business Research (CEBR), and via skype from France, Philippe Waechter, Chief economist...
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UK economy 2010-2018 – the devastating impact of the age of austerity
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Are We Heading towards a Synchronised Global Slowdown?
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Why the left must now unite against Brexit
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The economic consequences of Brexit?
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To Secure a Future, Britain Needs a Green New Deal
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Brexit Agreement: a bad deal, a worse Protocol – time to consult the people!
Baseline Scenario
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Hey Democrats, the Problem Isn’t Jobs and Growth
It’s inequality. By James Kwak This American Life‘s forays into politics and economics are generally less satisfying than their ordinary storytelling fare. That’s especially true when they try to answer some specific question, like “What is wrong with the Democratic Party?”—the subject of a segment last month. The story did have some telling moments, however, most vividly when moderate Congresswoman Cheri Bustos was trying to pitch the party’s...
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Hey Democrats, the Problem Isn’t Jobs and Growth
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Tax Rates and Entrepreneurship
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Tax Rates and Entrepreneurship
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A New Economic Vision, in 27 Words
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A New Economic Vision, in 27 Words
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The Importance of Fairness: A New Economic Vision for the Democratic Party
Mosler Economics
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ISM and Fed surveys, Temp employment, Sentiment, MMT alerts, DB response
No let up!
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Factory orders, Architecture billing, Corporate outlook
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US manufacturing, and growth forecasts, LA port traffic, Japan trade
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Roreign direct investment, Construction spending, Durable goods orders, New home sales
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Small business index, BOJ on trade, China, Atlanta Fed
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Retail sales, Non financial corporate and federal debt
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Employment, Housing starts, Euro slowdow, China fiscal, Semiconductor market
Multiplier Effect
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Remembering Nina Shapiro
Jan Kregel | March 15, 2019 We are grieved to announce that Nina Shapiro, Professor of Economics Emeritus at St. Peter’s College, passed away on March 6. Nina was one of the first Levy Institute Visiting Scholars and a major contributor to the field of post-Keynesian economics. She passed away last week at the age of 71 from complications due to cancer. Nina was best known for her work on the...
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Big Guns Shooting Holes in the Sky
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Join Us for the 28th Annual Hyman P. Minsky Conference
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This Time Is Different: Wray on Modern Monetary Theory
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Bad Faith and the US Census
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A Better Way to Think about the “Twin Deficits”
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On Modern Monetary Theory and Some Odd Twists and Turns in the Evolution of Macroeconomics
Yanis Varoufakis: Thoughts for the Post-2008 World
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Διεθνικό πολιτικό όραμα κόντρα στην υπεροπτική μεμψιμοιρία – ΕφΣυν 22 ΜΑΡ 2019
Η συλλογική μνήμη ενός ηρωικού παρελθόντος μετατρέπεται εύκολα σε μεμψιμοιρία από έναν λαό που νιώθει ότι, αντίθετα με τους προγόνους του, απέτυχε να σταθεί στο ύψος των περιστάσεων. Οταν ο απόηχος του ένδοξου παρελθόντος συνδυάζεται με τη μιζέρια της σημερινής κατάπτωσης, το αποτέλεσμα είναι ένα απαίσιο μείγμα υπεροψίας και μεμψιμοιρίας. Η μόνη διέξοδος από αυτή την παγίδα είναι το ρεαλιστικό διεθνικό όραμα. Με ρωτούν αν υπάρχουν κοινά...
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The European Spring in full bloom this Monday at the Bozar Theatre, Brussels. Join us!
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Stagnant Capitalism – Financial News & Project Syndicate
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ΜέΡΑ25 – το μόνο κόμμα για το οποίο ο πολιτισμός παράγει πολιτική (video)
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Εφ’ όλης της ύλης με τον Κώστα Μαρδά στο Blue Sky
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Why I am running in Germany for the European Spring – Gabor Steingart podcast
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Der Grieche erklärt Europa – Der Spiegel
Francis Coppola
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A Fine Example of Crypto Ignorance
The video blogger Crypto Eri (@sentosumosaba) thinks she has evidence that the American Bankers' Association (ABA) wants the Federal Reserve to adopt Ripple/XRP as its cross-border settlement system. She has found a letter from the ABA which makes three requests to facilitate faster interbank settlement:A liquidity management tool Interoperability Access for chartered financial institutions Hey hey everybody, this looks just like Ripple's...
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A lack of compassion
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An XRP Illusion
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Why labour markets don’t clear
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The foolishness of the old
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ECB forecasting is a joke
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The real victims of the “Rape of the National Insurance Fund”
New Economic Perspectives
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Billions From Deutsche Bank Despite Trump’s Bankruptcies, Defaults, and Financial Malfeasance
The latest developments about Trump’s relationship to Deutsche Bank could be the unraveling with Deutsche Bank and Trump facing a serious legal probe on bank fraud by the House Financial Services Committee chaired by Rep. Maxine Waters. NEP’s Bill Black appears on The Real News Network to discuss. You can view here with transcript. [embedded content] [Translate]
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Wolfers Blames MMT for Orthodox Economists’ Ignorance of MMT
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A Conspiracy Against MMT? Chicago Booth’s Polling and Trolling
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The Day Orthodox Economists Lost Their Minds and Integrity
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Four “Tells” That Show Krugman Knows He Cannot Win an Honest Debate
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Three Natural Experiments Documenting Krugman’s Bias Against MMT
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MMT Responds to Brad DeLong’s Challenge
Credit Writedowns
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Airbus and Boeing are signing economic suicide pacts with Beijing
By Marshall Auerback This article originally appeared on AlterNet. Airbus is considering whether or not to shift the assembly process of its latest generation of A330 planes to China as part of a bid to increase its market share in the world’s fastest-growing civil aviation market. The European multinational is following a trend started by Boeing, which recently opened a new completion plant in China. On the face of it, the decision by the two...
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US curve inversion worsens as the Fed acquiesces to market sentiment
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Brexit as Europe’s Lehman moment
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UK now closer to crashing out of the EU with no deal than ever before
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What the Fed needs to do this week to assuage the bond market
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Deutsche Bank, QT, the Fed’s outlook, the recent PMIs, and the Lyft IPO
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Horrible continuing claims data speak to decelerating job growth
V. Ramanan: Concerted Action
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Gerald Epstein’s Critique Of Neochartalism
Gerald Epstein of PERI has written a fine paper The Institutional, Empirical and Policy Limits of ‘Modern Money Theory’ critiquing the shortcoming of Neochartalism.Epstein’s main critique is that Neochartalism ignores the role of international financial markets and the constraint it puts on fiscal policy. Abstract:Modern Money Theory (MMT) economists acknowledge a number of empirical and institutional limitations on the applicability of MMT to...
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Jason Hickel — The Divide
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Jason Hickel — Global Inequality: Do We Really Live In A One-Hump World?
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WikiLeaks Leak On Reforming The World Economic System
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Joan Robinson On Diagrams
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Bob Rowthorn: Keynesian Economics – Back From The Dead?
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Wynne Godley And Alex Izurieta — One-Club Golf Is For Losers
Ann Pettifor: Debtonation
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Yours truly at National Theatre discussion on The Lehman Trilogy
After attending a performance of the Lehman Trilogy, I was honoured to join a panel at the National Theatre on 16th October, 2018 to discuss the play. Readers will know that the play was directed by Sam Mendes, and starred three great actors in all of the complex parts: Simon Russell Beale, Adam Godley and Ben Miles. It was, and is a tour de force, and has now moved to New York. At that invite-only side discussion of the play, an audience of...
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10 years after – and nothing has changed.
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How governments finance their spending (and its not from taxation).
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‘Deficit Financing’ or Deficit-Reduction Financing?
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The BBC’s Cassandras of the Crash
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The Indefatigable Efforts of J. M. Keynes
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On “the policy” and the Governor of the Bank of England
Azizonomics
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Bitcoin Is Failing As Money—But Bitcoin Cash Isn’t
Money has three principal functions: as a medium of exchange, as a store of value, and as a unit of account. Secondary attributes that have aided the adoption of various forms of money include interestingness (“Ooh! Look how shiny that gold is!”), uniform divisibility, portability, resistance to counterfeit, and imposeability. That last one is important, because it is what makes state-backed fiat currency the dominant form of money in the...
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Don’t Tolerate The Trumpists
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Yellen: “There Will Be No New Crisis In My Lifetime”
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Protected Blog › Log in
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Trump’s Awful Tariff Plans Will Hurt America
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Immigration Makes Us More Prosperous
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Trump’s Election Win Shows That The Bank Bailouts And Quantitative Easing Have Failed
Economics for Democratic and Open Societies
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Inequality and Stagnation by Policy Design: Mainstream Denialism and its Dangerous Political Consequences
This paper argues the mainstream economics profession is threatened by theories of the financial crisis and ensuing stagnation that attribute those events to the policies recommended and justified by the profession. Such theories are existentially threatening to the dominant point of view. Consequently, mainstream economists resist engaging them as doing so would legitimize those theories. ...
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The Fracturing of Globalization: Implications of Economic Resentments and Geopolitical Contradictions
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Recovering Keynesian Phillips curve theory: hysteresis of ideas and the natural rate of unemployment
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Brazil is Falling Under an Evil Political Spell
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Job Guarantee Programs: Careful What You Wish For
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Government Spending in the Income-Expenditure Model: Spending Composition, the Multiplier, and Job Guarantee Programs
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Self Plagiarism Dissertation on Essay Writing Service
Michael Hudson
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Michael Hudson
This interview was conducted at Peking University for the Second World Conference, May 7, 2018. It was conducted by Lau Kin Chi of the Global University for Sustainability. A visual transcription is available here. [embedded content] I was born in Minneapolis, which is the only city in the world that was a Trotskyist city. During the 1930s it was a center of Trotskyism and my parents worked with Leon Trotsky in Mexico. When I was 3 years...
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Keiser: Lifting the Debt Weight
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Hedges, Hudson: Debt-Forgiveness or Feudalism
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FT: Wiping the slate clean: is it time to reconsider debt forgiveness?
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Financial Time’s Best Books of 2018
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Le Petit Bréviaire Economique de Michael Hudson
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Lessons from Babylonia for Today’s Student Crisis
