Economics and politics - comment and analysis

Did the Irish economy ‘recover’?

For several years by now, mainstream economists and Right wing policy-makers have been arguing that the Irish case constitutes proof positive of the ultimate correctness of austerity and labour market liberalisation policies. The economy of this small island was hit incredibly hard by the financial crisis of 2008/09. …

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An interview with Heiner Flassbeck on The Real News Network about Trump, free trade, stimulus, investment and wages

Heiner Flassbeck gave an interview to The Real News Network on February 21st. The interview is about Donald Trump’s policies, but it is actually much broader than just that. It deals with fundamental questions of what economics should be about – essentially simple questions that the mainstream ignores because in their ideological framework these questions cannot even be asked. …

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