An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Monday, July 14, 2014
Bill Mitchell — Financial elites win with growth and austerity
What's not to like for elites with rising corporate profits, low wage bill, and appreciating asset prices with low inflation thrown in, too. Rising social unrest, you say? Just increase security.
Bill Mitchell – billy blog
Financial elites win with growth and austerityBill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at the Charles Darwin University, Northern Territory, Australia
Labels:
austerity,
inequality
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