Fascism in rise in Polland not populism
Marl Karx@BareLeft
Jeremy Corbyn was right to give the EU 7/10, and probably should have gone lower.
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john weeks
10.9K posts
john weeks
@johnweeks41
Progressive Economy Forum Coordinator, prof emeritus SOAS, Univ London, author of Economics of the 1% (Anthem) & The Debt Delusion (Polity November 2019)
London UK Joined Temmuz 2014
874 Following2.1K Followers
john weeks retweeted
Deficit of this size won't coincide with high interest rates because the deficit is supporting collapsed demand & counteracting mass unemployment. Inflation won't surge while these deficits are necessary. People need to remember interest rate is set in response to inflation.
Jon Sindreu@jonsindreu
The problem with reports like the OBR's is this insistence that "borrowing costs are low now but careful because that could change!". I mean, the Bank of England sets government borrowing costs wherever it likes.
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At last the correct decision
Prem Sikka@premnsikka
Face masks/coverings to be compulsory in England's shops. At the height of the pandemic, there was no need for masks but now it is. Govt just ticking a box. Face mask prices have rocketed overnight as some suppliers are profiteering. bbc.co.uk/news/uk-politi…
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Read my SE article on the white supremist context of the Hamiltonian moment
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john weeks retweeted
“The Energy Charter Treaty, with 53 signatories, allows energy companies to sue states that make their business unprofitable.”
The Obscure Treaty That Could Kill a Global Green Recovery newrepublic.com/article/158397…
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One must e careful citing a brutal dictatorship as a positive example
Richard D. Wolff@profwolff
Wuhan, China, successfully locked down, reopened. With new infections, locked down again, tested all 11 million residents in 2 weeks. Since May, not a single new case. What can be done vs what US does. bit.ly/3et3epY
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Absurd. Worst than invasion of Suez? Trident that UK does not control? AntiBrexit gone off the rails
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john weeks retweeted
Frugal states push to cut size of EU recovery package | Financial Times ft.com/content/07661f…
Could be bad news @LaszloAndorEU @Rinaldi_David @MatthiasThiema3
@UliVolz
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john weeks retweeted
Business and politicians wary of UK plan for low-tax trade zones | Financial Times ft.com/content/122cdc…
Good article quoting Peter Holmes
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Excellent paper by Toporowski showing how govt bonds can be used to regulate financial markets. Bond sales to BoE miss that opportunity
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Calling people names wins no arguments
Marl Karx@BareLeft
Jeremy Corbyn isn't our manager, dipshit.
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john weeks retweeted
Competent, likeable, decisive: Keir Starmer beating Boris Johnson on all counts | Politics | The Guardian theguardian.com/politics/2020/…
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So called market failures are the normal working of capitalism. Economics is study of efficiency requires assumption of full employment
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politico.eu/article/poland… antiJewish rhetoric strong in Polish election
Română
IFS unreliable on its claimed expertise as I showed in Opendemocracy several months ago. It consistently repeats balanced budget dogmas .@geofftily @PEF_online
geoff tily@geofftily
I'd like to discuss how we might break the @TheIFS stranglehold on public debate. I think it seriously dangerous, and do not want to be complicit. While I do make efforts to refute their wrong macroeconomics & bad advice, I haven't made enough effort to counter their dominance.
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Orwell is usually cited to criticism progressives & rarely to attach the right
Owen Jones@owenjonesjourno
The cry of "I am being silenced!", from yet another national newspaper column, for holding views which most of the British press loudly champions, is becoming deafening.
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nytimes.com/2020/07/06/mov… historical mistakes in Hamilton - for example he was anti-immigrant & anti-demo ratic
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It is a version of the fallacy of composition
Carolina Alves@cacrisalves
Day two trying to come to terms with who said this: "Almost any interesting economic problem has the following characteristic: what is true for the individual is the opposite of what is true for everybody together" cc @angusarmstrong8
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