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There are a whole host of reports in the media this morning about Rachel Reeves, the International Monetary Fund, the change to the UK’s circumstances Read the full article...
How to rewrite the global economic framework for a progressive multilateralism.
I recently sat down with Steve Keen to explore a deeply uncomfortable truth: the global economic system is far more fragile than mainstream economics admits. Read the full article....
A new model of central banking would weaken the power of bond vigilantes – and help progressive politicians pay for transformative changeDaniela Gabor is professor of economics and...
I received this article from the group that describes itself as MMT UK yesterday. It was written by Patricia Pino, a recognised expert on modern Read the full article...
When the Chancellor lands, she will be confronted by a downgrade for UK growth and the prospect of surging inflation.
Handelsabkommen haben Konjunktur, dabei hat genau jene neoliberale Globalisierung die Welt instabiler gemacht. Linke müssen klar benennen, wer profitiert und wer nicht. mehr...
The chancellor has wisely vowed to drive down the annual deficit, but long-term defence investment must not be delayedThere is a good reason Rachel Reeves is wary of the dreaded bo...
For years, I was annoyed by the term TINA, which Margaret Thatcher coined and which stands for “there is no alternative”. I could find no Read the full article...
The thought of world leaders and central bankers having to navigate the complexities of a rescue with Donald Trump thrown into the mix defies contemplation.
Study warns women face job losses and increased unpaid care duties as debt and conflict-driven turbulence force spending cutsWomen are hit hardest when the debt burden in developin...
Patricia Pino has written a thoughtful and detailed response to my recent posts on modern monetary theory (MMT) and the Job Guarantee (JG), which I Read the full article...
The Bank of England has warned that serious financial risks are building, and I think people need to pay attention. An AI stock bubble, war Read the full article...
The Bank of England has suggested we're facing mega economic uncertainty right now. Stock markets are at record highs. Shadow banking is exposed to AI Read the full article...
We are living through a wartime economic crisis. And our government is choosing not to act. Not because it can't. Because it won't. The claim Read the full article...
As Katie Martin has noted in the FT this morning, there is something exceptionally strange going on in the world's financial markets at the moment, Read the full article...
We are heading into an economic crisis on a scale comparable to the aftermath of a World War. Supply chains are fracturing. Energy costs are Read the full article...
Central banks claim they defeated inflation by raising interest rates. The evidence suggests otherwise. In this video, I look at seven major economies, including the Read the full...
The closure of the Strait of Hormuz is not just another geopolitical shock. It is the beginning of a physical supply crisis that could transform Read the full article...
The Bank of England has held interest rates, but the real story is what happens next. Beneath its decision, pressure is building to raise rates Read the full article...
As the FT reports this morning: The Bank of England is likely to keep interest rates steady this week even as it confronts the prospect Read the full article...
The UK’s public finances are apparently in trouble again. That is the message being pushed yesterday after data showed that government borrowing in April was Read the full article....
The economy and public finances were on the right path, bond yields were falling, interest rates likely to drop further … then came the US-Israeli attackDonald Trump’s war on Iran...
The International Monetary Fund remains stuck in a situation where the biggest concern about inflation is wagesGet our breaking news email, free app or daily news podcastThe IMF’s...
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