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Latest book
Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World
</>Co-authored with Thomas Fazi. To be published by Pluto Books (UK), September 15, 2017.
Go to the The Reclaim the State Project Home Page for more details.
Current book
Eurozone Dystopia: Groupthink and Denial on a Grand Scale – 2015
Chapter 1 – for free.
MMT Textbook – March 2016
Now available for purchase – For details.
2008 book
Full employment abandoned: shifting sands and policy failures
Available from Edward Elgar UK – click image to go to their on-line catalogue
Other Blogs
- New Economic Perspectives
- Warren Mosler
- Peter Martin – The Age
- Michael Perelman
- Bruce McFarling
- Sean Carmody
- Heteconomist
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Category Archives: Britain
When progressives become neo-liberals and create a Trump
When you have a madman sounding, well “presidential” (according to the obsequious US press) what would you expect a Democrat politician to say in response? Yes I am talking about the Democratic response to the speech given by the US … Read the rest of this entry
Posted in Britain, Demise of the Left, Politics, UK Economy, US economy
27 Comments
There is hope – neo-liberalism is an historical aberration
Another lesson from history coming up. People of my generation studied the great books by Charles Dickens, which apart from their literary form, left an indelible impression of life in England during the period covered by the 1834 Poor Law. … Read the rest of this entry
Posted in Britain, Economics, UK Economy
19 Comments
The (neo-liberal) Third Way infestation continues
“Fresh thinking delivered to your inbox – Subscribe”. That is the message on the home page of Third Way an American think tank (aka conservative propaganda machine) masquerading in the public space as a “centrist think tank”. The problem is … Read the rest of this entry
Posted in Britain, Demise of the Left, UK Economy, US economy
20 Comments
Executive pay bears no relationship to company performance
On December 27, 2016, the British CFA Society (an organisation representing Chartered Financial Analysts) released an interesting report that they had commissioned from academic researchers at the Lancaster University Management School. The Report – An Analysis of CEO Pay Arrangements … Read the rest of this entry
Posted in Britain, Economics, Labour costs, UK Economy
3 Comments
Policy changes needed to arrest decline in fortunes for low-pay British workers
Its hard to keep track of the variety of ways that this neo-liberal era has screwed workers. The latest report from the UK Institute of Fiscal Studies (January 13, 2017) – Two decades of income inequality in Britain: the role … Read the rest of this entry
Posted in Britain, UK Economy
14 Comments
The Left lacks courage and is riddled with inferiority complexes
When the British people voted to leave the dysfunctional European Union on June 23, 2016, I saw it as a massive opportunity for progressive forces to shed the neo-liberal chains that they have become enslaved by and narrate a new, … Read the rest of this entry
Posted in Britain, Demise of the Left, UK Economy
34 Comments
Austerity is the problem for Britain not Brexit
Regular readers will know that I firmly supported the LEAVE vote in the British referendum in June 2016 even though that was somewhat gratuitous given I am neither a British citizen or live there. It was one of those academic … Read the rest of this entry
Posted in Britain, UK Economy
20 Comments
Our affect is driving us back to a need for continuous fiscal deficits
The field of psychology is usually ignored by mainstream economists, which, in its typically arrogant and closed practice, adopts a series of a priori assumptions about human behaviour – the so-called Homo economicus – where were are always rational and … Read the rest of this entry
Posted in Britain, Economics, Fiscal Statements, UK Economy, US economy
11 Comments
I, Daniel Blake – essential viewing
So Italy has now gone the way of the UK and the US in its referendum vote – rejecting the establishment but not sure on what to do instead. It seems that the US voters have been duped by a … Read the rest of this entry
Posted in Britain, UK Economy, Unemployment Benefits
37 Comments
When Britain went fiat and the skies remained above
A former student sent me an E-mail recently and updated me on his progress and his current research project – the history of British banking in the 19th century. He also wanted to draw my “attention to a little known … Read the rest of this entry
Posted in Britain, Central banking, UK Economy
12 Comments
