Category Archives: Framing and Language

Limits to government spending are not determined by private bond markets

Wednesday and a relatively short blog post after two rather long posts in the preceding two days. The first topic concerns the limits to government spending. The second brief topic reports on research where it was found that the music … Read the rest of this entry »

Posted in Fiscal Statements, Framing and Language, Music | 5 Comments

The abdication of the Left – redux – Part 2

This is the second and final part in my response to the Social Europe article by Stuart Holland (July 11, 2018) – Not An Abdication By The Left – where he attempts to eviscerate various writers who have dared to … Read the rest of this entry »

Posted in Demise of the Left, Eurozone, Fiscal Statements, Framing and Language, Reclaim the State | Leave a comment

Elements in a strategy for the Left

Reuters reported (July 8, 2018) that the awful Madame Lagarde was in France last week lecturing people on how the “joint euro zone budget could be designed with conditions so that it does not become a no-strings transfer of rich … Read the rest of this entry »

Posted in Demise of the Left, Framing and Language, Reclaim the State | 19 Comments

The BIS should be defunded and then dissolved

On June 24, 2018, the Bank of International Settlements (BIS) released their – Annual Economic Report 2018 – which contains their latest analysis of the global economy including the risks they think the current growth process faces. It is full … Read the rest of this entry »

Posted in Central banking, Eurozone, Fiscal Statements, Framing and Language | 12 Comments

The ‘truth sandwich’ and the impacts of neoliberalism

On June 15, 2018, the OECD released their report – A Broken Social Elevator? How to Promote Social Mobility – which provided “new evidence on social mobility in the context of increased inequalities of income and opportunities in OECD and … Read the rest of this entry »

Posted in Debriefing 101, Framing and Language, Friends like this, Labour Force, Reclaim the State | 17 Comments

Australia’s national broadcaster puts out economic misinformation

I am using today to sketch out some ideas for my next book with Thomas Fazi as a follow up to Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World (Pluto Books, 2017). I am also lying … Read the rest of this entry »

Posted in Fiscal Statements, Framing and Language, Music | 11 Comments

Progressive cause in Australia seriously undermined by … progressives

I am travelling most of today with heavy commitments at the other end so only a short blog today with some great music to calm the soul. Yesterday, a group of high-profile, so-called progressives in Australia placed a paid-for advertisement … Read the rest of this entry »

Posted in Demise of the Left, Framing and Language, Friends like this, Music | 49 Comments

On the path to MMT becoming mainstream

Over the last few years, it is clear that Modern Monetary Theory (MMT) is achieving a higher profile and the attacks are starting to come thick and fast. I see these attacks as being a positive development because it demonstrates … Read the rest of this entry »

Posted in Debriefing 101, Economics, Fiscal Statements, Framing and Language, Job Guarantee, Reclaim the State | 33 Comments

Neoliberal economic Groupthink alive and well in Europe

It is Wednesday so only a couple of snippets today. I was going to write about the BBC’s ridiculous attempt to portray Jeremy Corbyn as a sort of Russian-spy-type-dude in its Newsnight segment last Thursday (March 15, 2018). They manipulated … Read the rest of this entry »

Posted in Eurozone, Framing and Language, Reclaim the State, UK Economy | 9 Comments

There is no European citizen – cultures and narratives diverge in the Eurozone

I have noted before that when someone asks me where I come from I immediately (and innately) respond Australia. If questioned further I might tell them I grew up in Melbourne, Victoria. Sure enough, I am a Victorian (with some … Read the rest of this entry »

Posted in Eurozone, Framing and Language | 14 Comments