IMF economists have published a remarkable paper admitting that the ideology was oversold The very headline delivers a jolt. For so long mainstream economists and policymakers have denied the very existence of … Continue reading You’re witnessing the death of neoliberalism – from within
In this world where work remains an important social, psychological and economic anchor, there are better tools to help than giving every American a monthly check. What this article points out, there … Continue reading Why a Universal Basic Income Will Not Solve Poverty But Guaranteed Jobs Can
Poll shows 88% of 600 experts fear long-term fall in GDP if UK leaves single market, and 82% are alarmed over impact on household income They polled 600 “experts” who all happen … Continue reading Economists overwhelmingly reject Brexit in boost for Cameron
Economists give strong critique of neoliberal doctrine ushered in by Ronald Reagan and Margaret Thatcher in the 1980s They arrive at this conclusion yet the governments throughout Europe, especially in Greece, keep … Continue reading Austerity policies do more harm than good, IMF study concludes
Switzerland’s unconditional basic income initiative proposes $30,000-a-year payout for everyone This is an idea to counteract the massive disparity between the wealthy and the poor. Providing a minimum amount of money for people … Continue reading One of the World’s Most Expensive Countries Is Debating Giving Away Money
The case against balancing the budget “If the government is able to reach a surplus, that means it’s draining funds out of the economy,” Tymogine explained. “It’s taxing away more money from … Continue reading Hillary Clinton loves to trumpet Bill’s budget surplus. She shouldn’t.
Presumptive Republican presidential nominee said Monday that his recent comments about renegotiating or restructuring debt with creditors are being misconstrued… “People said I want to go and buy debt and default on … Continue reading Donald Trump: People are misrepresenting what I said about renegotiating debt
That's where classic economics is wrong. Loanable funds theory has been proven wrong. https://t.co/wf7bU1ltGN https://t.co/YLZRHaIZk7 — Nathan Becker (@netbacker) May 8, 2016 Source: Nathan Becker on Twitter: “That’s where classic economics is wrong. Loanable funds theory has been proven wrong.” Continue reading That’s where classic economics is wrong. Loanable funds theory has been proven wrong
This is what airplane food looked like before the concept of quarterly profits took over the corporate world. Source: You Won’t Believe What Airplane Food Looked Like In The ’60s Continue reading You Won’t Believe What Airplane Food Looked Like In The ’60s
“Helicopter money” is one proposed solution to the world’s economic slump Dumping money from helicopters on to the people? Sure, governments can do that, but they also can spend that money providing … Continue reading The Economist explains: Why central banks are talking about throwing money from helicopters
While that certainly is true, American wealth and political power has sometimes played an oversized role in influencing the economics of sovereign nations. By destabilizing entire nations, it is not the politicians … Continue reading Influence Abroad: American vulture funds feed on Argentina’s debt crisis
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