The Weaponisation of Economic Theory
by Michael Hudson Europe’s three needs: a debt write-down, a real central bank, and a more efficient tax system Brussels [...]
Read MoreLessons from Manhattan
photo credit: atomicshark “The devil is in the details.” German Proverb A fascinating paper on Manhattan real estate in the [...]
Read MoreWall Street’s $13 Trillion Cover Story
photo credit: M J M Michael Hudson Free money creation to bail out America’s elite financial speculators, but not for [...]
Read MoreTinkering on the Edge
photo credit: flatworldsedge Economic Answers Way off the Mark by Karl Williams Another neoclassical excuse-maker has just hit the airwaves, [...]
Read MoreWe wont listen to our own experts, how about a foreign one?
photo credit: Express Monorail Australians have a disturbing mind-set: we prefer foreign experts over our own. People like Steve Keen [...]
Read MoreDid you remember to sell the house today?
Prof. Ross Garnaut gave the Hamer Oration at Melbourne University on Thursday. He pointed out that Australia has not experienced [...]
Read MoreGreat Depression heading our way – Mason Gaffney, Steve Keen
Now you’ve seen Steve Keen deliver a damaging analysis on the 7.30 report, listen to Professor Mason Gaffney call a [...]
Read MoreAsset Bubbles always end in tears..
photo credit: sekundo Throw out the theory! That’s what policy makers are doing world-wide. From neo-liberalism to neo-handouts, one must [...]
Read MorePrime the Printing Press
photo credit: PhotoGraham That is the call as the bankers bailout of US$700bn gets rejected by US Congress. Meanwhile the [...]
Read MoreCan the US Treasury learn from mistakes?
photo credit: betta design The $840bn bailout of US banks provides the US Treasury with a unique opportunity. Will the [...]
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