Summary:
MMT. And he also talks about rent extraction! "So why are UK politicians obsessed with balancing the books rather than helping their citizens to lead healthier lives? The answer seems to be that the many UK politicians are strongly influenced by the desires of a powerful financial sector. While a finance sector is important, it is also predominantly a rent extraction industry. It mainly acquires wealth either on the backs of other people’s labour or their debts (interest). Progressive Pulse (UK)Fiscal policy is a matter of life and death Charles Adams | Professor of Physics at the University of Durham ht Ralph Musgrave Charles Adams also teachers econophysics.
Topics:
Mike Norman considers the following as important: economic policy, economic rent, fiscal policy, MMT
This could be interesting, too:
MMT. And he also talks about rent extraction! "So why are UK politicians obsessed with balancing the books rather than helping their citizens to lead healthier lives? The answer seems to be that the many UK politicians are strongly influenced by the desires of a powerful financial sector. While a finance sector is important, it is also predominantly a rent extraction industry. It mainly acquires wealth either on the backs of other people’s labour or their debts (interest). Progressive Pulse (UK)Fiscal policy is a matter of life and death Charles Adams | Professor of Physics at the University of Durham ht Ralph Musgrave Charles Adams also teachers econophysics.
Topics:
Mike Norman considers the following as important: economic policy, economic rent, fiscal policy, MMT
This could be interesting, too:
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And he also talks about rent extraction!
"So why are UK politicians obsessed with balancing the books rather than helping their citizens to lead healthier lives? The answer seems to be that the many UK politicians are strongly influenced by the desires of a powerful financial sector. While a finance sector is important, it is also predominantly a rent extraction industry. It mainly acquires wealth either on the backs of other people’s labour or their debts (interest).
Progressive Pulse (UK)
Fiscal policy is a matter of life and death
Fiscal policy is a matter of life and death
Charles Adams | Professor of Physics at the University of Durham
ht Ralph Musgrave
Charles Adams also teachers econophysics.