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Tag Archives: Uncategorized

Η αλληλεγγύη στην Παλαιστίνη και η πάλη κατά των πολέμων του κεφαλαίου – 15/11/2023 6.30μμ ΕΜΠ

ΕΚΔΗΛΩΣΗ ΝΑΡ-νΚΑ ΓΙΑ ΤΗΝ ΠΑΛΑΙΣΤΙΝΗ Την 1η μέρα του τριήμερου εορτασμού των 50 χρόνων από την εξέγερση, μέσα στο Πολυτεχνείο. Εκδήλωση: Η αλληλεγγύη στην Παλαιστίνη και η πάλη κατά των πολέμων του κεφαλαίου ΤΕΤΑΡΤΗ 15 ΝΟΕΜΒΡΗ 2023, ώρα 6.30 μ.μ., στο Ε.Μ. ΠΟΛΥΤΕΧΝΕΙΟ, στον υπαίθριο χώρο – πύλη Τοσίτσα ▸Ομιλητές: – Μιχιάρ Εκτάμι, Ένωση Παλαιστινίων Εργαζομένων – Γιάννης Ελαφρός, μέλος ΠΕ ΝΑΡ, δημοσιογράφος – Σταύρος Μαυρουδέας, Καθηγητής Πολιτικής Οικονομίας Παντείου...

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Threats to the US dollar’s role as global reserve currency

from Maria Alejandra Madi and RWEA pedagogy Blog 2021 marked the 50th anniversary of the “weekend that changed the world”, when US President Richard Nixon suspended the convertibility of the dollar into gold. From a monetary point of view, since then there has been continued dominance of the dollar as a vehicle for international transactions. However, Is the dollar as the world’s reserve currency under attack? The dollar’s dominance in global markets is still significant, with its role in...

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Armistice Day

I’ve been posting on Armistice Day ever since I started this blog back in 2002, arguing against war and lamenting the disaster of the Great War which has cast a shadow over all of our subsequent history, including the terrible wars that afflict the world today. This year, I’m too depressed to say anything more, except to express the hope that peace will come one day. Share this:Like this:Like Loading...

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Weekend read – Blood and Oil in the Orient: A 2023 Update

from Shimshon Bichler and Jonathan Nitzan [1] The Hamas-Israel War The 2023 war between Hamas and Israel elicits many different explanations. As with previous regional hostilities, here too, the pundits and commentators have numerous overlapping processes to draw on – from the struggle between the Zionist and Palestinian national movements, to the deep hostility between the Rabbinate and Islamic churches, to the many conflicts between Israel and Arab/Muslim states, the contentions between...

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Will China’s demographic crisis look like Japan and Korea’s?

from Dean Baker The New York Times seems to really love telling readers that China is facing a demographic crisis because its population is falling. It is not clear why the NYT thinks this amounts to a crisis for China, since many other countries have declining populations without experiencing any obvious crisis. The most obvious examples are two of China’s neighbors, Japan and Korea, both of which are seeing modest drops in population. In both countries, per capita income is continuing...

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Αλήθειες και ψέμματα για την απόκτηση επενδυτικής βαθμίδας από την S&P – Στ. Μαυρουδέας Documento 5/11/2023

Documento 5/11/2023 Αλήθειες και ψέμματα για την απόκτηση επενδυτικής βαθμίδας από την S&P Σταύρος Μαυρουδέας Καθηγητής Πολιτικής Οικονομίας Πάντειο Πανεπιστήμιο Τμήμα Κοινωνικής Πολιτικής Η κυβέρνηση και τα διαπλεκόμενα ΜΜΕ πανηγυρίζουν για την αναβάθμιση της Ελλάδος σε επενδυτική βαθμίδα (BBB- με σταθερές προοπτικές) από τον αμερικανικό οίκο αξιολόγησης S&P. Υποστηρίζουν ότι σηματοδοτεί την οριστική έξοδο από την κρίση και απόδειξη της ανάκαμψης και του...

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new RWER issue – 105

Please click here to support this open-access journal and the WEA RWER issue no. 105 download whole issue In Praise of Rebellion?Peter Radford2   Professor Stiglitz’s contributions to debates on intellectual propertyDean Baker 12   America’s trade deficits: blame U.S. policies – starting with tax lawsKenneth E. Austin 25   Extending the concept of inflation beyond consumer pricesMerijn Knibbe 46   History and origin of money in MMT and Austrian Economics:The difference methodology...

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The theory of monetary disorder: debt finance, existing assets, and the consequences of prolonged monetized budget deficits and ultra-easy monetary policy

This paper introduces the notion of monetary disorder. The underlying theory rests on a twin circuits view of the macro economy. The idea of monetary disorder has relevance for understanding the experience and consequences of the recent decade-long period of monetized large budget deficits and ultra-easy monetary policy. Current policy rests on Keynesian logic whereby […]

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Economics and ideology

from Lars Syll Mainstream (neoclassical) economics has always put a strong emphasis on the positivist conception of the discipline, characterizing economists and their views as objective, unbiased, and non-ideological … Acknowledging that ideology resides quite comfortably in our economics departments would have huge intellectual implications, both theoretical and practical. In spite (or because?) of that, the matter has never been directly subjected to empirical scrutiny. In a recent...

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The big one

Government shutdowns, and threats of shutdown, have become routine in the US, with the result that no one much worries about them any more. Typically some kind of compromise is reached just as the deadline approaches, and government returns to quasi-normality.. Occasionally, bluffs are called and a ‘shutdown’ actually happens. Civil servants are sent home, public facilities are closed and so on. But the armed forces operate as normal, Social Security checks go out, and IOUs take the...

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