Austerity is a Political Choice not Economic Necessity

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zaBy Prue Plumridge Last week Matthew Lyn (a columnist for Bloomberg) wrote in an article published in Money Week that, “the policies on offer under Corbynomics would quickly ruin the economy”. This was followed shortly afterwards with another written by no less … Continue reading

Why we can’t spend more than we bring in but Government can

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Dr. Stephanie Kelton of UMKC explains that much of our current jobs crisis stems from a fundamental misunderstanding about the relationship between the US and its currency. She runs the blog New Economic Perspectives This lecture was given at Luther … Continue reading