Η ομιλία του Γραμματέα του ΜέΡΑ25, Γιάνη Βαρουφάκη, στη Βουλή στο Σ/Ν του Υπ. Εσωτερικών...
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Episode 761: Economist Dean Baker & Bill B in DC
Stand Up is a daily podcast. I book,host,edit, post and promote new episodes with brilliant guests every day. Please subscribe now for as little as 5$ and gain access to a community of over 740 awesome, curious, kind, funny, brilliant, generous souls. Bill Boyle is a well sourced and connected businessman who lives in Washington DC with his wife and son. Bill is a trusted friend and source for me who I met after he listened and became a regular and highly respected caller of my...
Read More »Victoria Chick (1936-2023) – RWER 2018 paper “Industrial policy, then and now”
Abstract After 40 years of neoliberalism, even governments believe that they are inefficient when compared to the private sector. And economics, in its swing to the right, reinforces this view. The philosophy behind public expenditure for social purposes and the criteria for judging such projects has not been a subject for public debate until recently. In particular, industrial policy was very simple: leave it to the private sector to allocate resources as the market prompts. In...
Read More »Open thread Jan. 17, 2022
“Open Thread January 6, 2023,” Angry Bear, angry bear blog
Read More »Systemic Sponsors of Self-Interest
[unable to retrieve full-text content]Q & A transcript from our 4th Patreon event. Please join Michael’s Patreon group as a Patreon Plus member, so that you too can join us and ask Michael any question at our next session in March. Karl Fitzgerald (KF): To start off with our typical end-of-year topic: How have you seen this year’s economic Continue Reading The post Systemic Sponsors of Self-Interest first appeared on Michael Hudson.
Read More »Why Krushchev was wrong… @lexfridman
Why carbon taxes should be spent on insulating the nation’s draughty homes
Blog Why carbon taxes should be spent on insulating the nation’s draughty homes The UK is raising more money from carbon taxes than it is spending on tackling emissions – these funds should go towards insulating our draughty homes. By Margaret Welsh, Alex Chapman 17 January 2023...
Read More »World’s richest 1% captured over 63% of all wealth created since 2020 — Oxfam
The world’s richest 1% captured over two-third of all wealth created by humanity since 2020, leaving just one-third for the other 99% of the population, claims a report published by Oxfam on Monday, January 16.The report, titled ‘Survival of the Richest,’ notes that the richest 1% of the world’s population captured over USD 26 trillion (nearly 63%) of the USD 42 trillion created since 2020, nearly twice the USD 16 trillion (37%) that went to the rest of the population.Oxfam notes that the...
Read More »The origins of the ‘household analogy’ — Richard Murphy
Housewives and Downing Street by Joanna Bright (1935).Tax Research UKThe origins of the ‘household analogy’Richard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum
Read More »Bill Mitchell – The Eurozone fictions continue to propagate
There was a Financial Times article recently (January 8, 2023) – Monetary independence is overrated, and the euro is riding high – from Martin Sandbu which strained credibility and continues the long tradition of pro-Euro economists attempting to defend the indefensible – fixed exchange rate, common currency regimes. He claims that the Euro is a better system in the modern era for dealing with calamity than currency independence. However, as I explain below, none of his arguments provide the...
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