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Bill Mitchell — Enforced poverty and torture for the victims of government policy failure – welcome to modern Australia

Summary:
My Wednesday blog post with a few snippets. Don’t forget to enrol in our MOOC which begins next week. Also, some news from Britain that shows once again the British Labour Party has the gun aimed straight at its foot. And some comments on yesterday’s Australian government decision to increase the unemployment benefit by per week and claiming this was appropriate – when it still means the recipients are 3 per week below the accepted poverty line. Enforced poverty by a government that refuses to create enough jobs and then punishes the victims of the policy failure. This all amounts to War and we can sing along to that after getting angry about the rest.AlsoWebinar – MMT and the new social contract: Lessons from Covid-19 – Coming this Weekend!I will be sharing the stage with my good

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My Wednesday blog post with a few snippets. Don’t forget to enrol in our MOOC which begins next week. Also, some news from Britain that shows once again the British Labour Party has the gun aimed straight at its foot. And some comments on yesterday’s Australian government decision to increase the unemployment benefit by $25 per week and claiming this was appropriate – when it still means the recipients are $163 per week below the accepted poverty line. Enforced poverty by a government that refuses to create enough jobs and then punishes the victims of the policy failure. This all amounts to War and we can sing along to that after getting angry about the rest.
Also
Webinar – MMT and the new social contract: Lessons from Covid-19 – Coming this Weekend!

I will be sharing the stage with my good friend Dr Pavlina Tcherneva and talking about how MMT economists talk about the social contract.

We will be considering the role of the Job Guarantee and lots of other things.

Go – HERE – for details about enrolment and participation.

It will run on Saturday, February 27, 2021, from 10:00 Australian Eastern Daylight time.

Bill Mitchell – billy blog
Enforced poverty and torture for the victims of government policy failure – welcome to modern Australia
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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