Soon after the US President announced – Liberation Day tariffs – I wrote this blog post – US government is…
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Australian voters face a Hobson’s Choice – just like voters around the world – William Mitchell – Modern Monetary Theory
Today, I am fully engaged in work commitments and so we have a guest blogger in the guise of Professor…
Read MoreMy blog is on holiday today – William Mitchell – Modern Monetary Theory
It is a public holiday in Australia today and I decided that I would use the time, which is free…
Read MoreDoes rising income inequality explain the rising support for right-wing political movements? – William Mitchell – Modern Monetary Theory
We know that after the Second World War, as nations embraced their major national policy statements (White Papers in many…
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US cars don’t sell in Japan because they are inferior and ill-suited to the market – William Mitchell – Modern Monetary Theory
It’s obviously becoming difficult to keep track of where the US government policy is on any particular day. Last week,…
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Monetary Policy decision: RBI Governor Malhotra to announce policy rates at 10 a.m.
RBI Governor Sanjay Malhotra will announce the first bi-monthly monetary policy of the current fiscal on Wednesday (April 9, 2025),…
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RBI Monetary Policy Committee Meeting: Date, time, how to watch live streaming of RBI Governor Sanjay Malhotra’s MPC announcement
Economists and market analysts widely expect the RBI to cut the repo rate by 25 basis points. RBI MPC meet…
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US government is pinning its tariff hopes on some unlikely to be realised assumptions – William Mitchell – Modern Monetary Theory
Last week, the US President honoured his election promise, indeed his long-held commitment, to increase tariffs on imported goods and…
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The hollowing out of the middle class in the US and beyond – William Mitchell – Modern Monetary Theory
The Post WW2 period was marked by the mass consumption boom and the rise of the ‘middle class’, which is…
Read MoreWhat is the purpose of fiscal policy? Don’t ask Rachel Reeves! – William Mitchell – Modern Monetary Theory
Its been a week of grand fiscal statements. Tuesday, it was for Australia as I discussed yesterday – Australian fiscal…
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