Tag Archives: economics and politics

The road to serfdom – sponsored by big business. Some history of economics.Evonomics If You Look Behind Neoliberal Economists, You’ll Discover the Rich: How Economic Theories Serve Big BusinessDániel Oláh See also Naked CapitalismGaius Publius: Defining Neoliberalism

Some falsely assume that as a result of neoliberal globalization the national state has largely been superseded by transnational capitalism to the degree that national sovereignty no long matters very much. International liberals think that this is a good thing, since competition among nation states has led to conflicts and conflagration.Bill Mitchell and Thomas Fazi argue otherwise. What has taken place rather is state capture. ...core capitalist countries have not been characterised by a...

Bill addresses many issues in this post that MMT economists don't ordinarily focus on like capital markets, capital flows, capital flight, capital controls, and exchange rate depreciation. Since most progressives don't understand the background and dynamics they generally get sucked into commonly deployed neoliberal traps. Bill shows how they don't need to.Bill Mitchell – billy blogPrime Minister Corbyn should have no fears from global capital marketsBill Mitchell | Professor in Economics...

Lawyer and Monder Money Network director Raúl Carrillo's presentation at the MMT conference. Must-read for all interested in MMT. (1) First, I’d like to impress upon folks a theme that I’ll be stressing throughout the conference: when it comes to the economy, law is not merely a governing force (as many on the right would have economists believe) nor a reflective force (as many on the left are inclined to think). It is also a constitutive force. What I mean by that is that the law doesn’t...

Short summary of Mike Perry's new book, which itself is a wide-ranging summary of liberal social, political and economic history, a treatment of neoliberalism, and recommendations for getting out of the box that the ruling elite has constructed to contain alternatives to the power structure.Progress in Political EconomyMorality and Power: On Ethics, Economics and Public PolicyMike Berry

Bernstein knows that federal tax revenues do not fund federal expenditures. His column shows that he is worried solely about realpolitik rather than real economics, conceding that “deficits don’t seem to hurt the economy.” New Economic PerspectivesJared Bernstein Shows the Costs of Not Understanding Sovereign CurrenciesWilliam K. Black | Associate Professor of Economics and Law, UMKC

Why is this important in economics? First, women now control a signficant slice of the pie, and secondly, women have an increasingly strong political voice to match their growing economic power.This is chiefly a political battle between liberals and traditionalists. Identity politics is here to stay.Economics is strong influenced by policy. On the programme, scientists argue there is no obvious neurological explanation for the gender divide, with no significant difference between male and...