The Case for an Irish Default All roads to solvency lead through debt restructuring. It’s time for the Irish government to take heed. By RICHARD PORTES The woes of Irish banks, unlike those at peer institutions elsewhere in Europe’s suffering periphery, are not a concern merely for the banks’ own solvency. They are a national [...]
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James Galbraith on “The Great Crisis in the US and the World: Debt, Inequality, Fraud and Oil”
Interesting to see that MMT has been discovered by the alternative currency movement and has been pressed into service. The acronyms makes this piece in Re-Imagining Economics by Tadit Anderson very hard reading but worth it. [...]
Feasta has been predicting the economic effect of declining oil supplies for some years, most recently in reports by David Korowizc. The Economist still has not accounted for the integrated system disruption effects. David will be speaking at the joint Smart Taxes & Tasc ‘Learning from the Crisis’ conference on May 9th. Oil and [...]
Brilliant news! Morrisons have announced a new policy on tinned tuna, committing to stop sourcing fish caught via destructive fishing methods: this means that now all major UK supermarkets have now changed their policy towards being more sustainable. [...]