Categories
- Admin
- Britain
- Central banking
- Climate change
- Debriefing 101
- Economics
- Eurozone
- Fantasy Budget
- Friends like this
- Guest blogger
- Higher Education
- Hyperinflation
- IMF
- Inflation
- Japan
- Job Guarantee
- Labour costs
- Labour Force
- Letters to
- Linux
- MMT Textbook
- Music
- National Accounts
- Netherlands
- Permaculture
- Personal
- Politics
- Q&A
- RBA decisions
- Saturday quiz
- Sport
- Teaching models
- Timor-Leste
- UK Economy
- Unemployment Benefits
- US economy
- Youth unemployment
-
Recent Posts
- Saturday Quiz – May 25, 2013
- Buffer stocks and price stability – Part 4
- Australian PBO – another myth-making neo-liberal institution
- Argentina and Greece – credible analogy or not?
- It’s all been for nothing – that is, if we ignore the millions of jobs lost etc
- Our national broadcaster has become part of the problem
- Saturday Quiz – May 18, 2013 – answers and discussion
- Saturday Quiz – May 18, 2013
- Buffer stocks and price stability – Part 3
- Incroyable! – France – cap-in-hand and grateful – and sinking fast
Recent Comments
- Neil Wilson on Australian PBO – another myth-making neo-liberal institution
- stone on Australian PBO – another myth-making neo-liberal institution
- stone on Australian PBO – another myth-making neo-liberal institution
- Neil Wilson on Australian PBO – another myth-making neo-liberal institution
- stone on Australian PBO – another myth-making neo-liberal institution
- stone on Australian PBO – another myth-making neo-liberal institution
- CharlesJ on Australian PBO – another myth-making neo-liberal institution
- Neil Wilson on Australian PBO – another myth-making neo-liberal institution
- Aidan on Australian PBO – another myth-making neo-liberal institution
- Ralph Musgrave on Buffer stocks and price stability – Part 4
Archives
Other Information
Links
-
My latest book
Full employment abandoned: shifting sands and policy failures
Available from Edward Elgar UK - click image to go to their on-line catalogue
Recommended book
Other Blogs
- Fiscal Sustainability Teach-In
- UMKC
- Warren Mosler
- Peter Martin - The Age
- Michael Perelman
- Bruce McFarling
- Sean Carmody
- Heteconomist
- Stephen Ewald
E-Mail subscription
Daily Archives: Tuesday, November 27, 2012
Macroeconomic constraints render individual action powerless
When recessions become prolonged and long-term unemployment rises, the conservative denial machinery always scapegoats the most disadvantaged by recommending cuts to welfare to make people more desperate. This is dressed up in terms that attempt to make this sort of … Read the rest of this entry
Posted in Economics
14 Comments



