Bill Mitchell | Billy blog
Macroeconomic research, teaching and advocacy
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US wealth distribution – fiscal policy increases private net worth but the poor miss out
I read an interesting report this morning, which resonated with some other work I had been looking into earlier in the week. The Australian Council... -
Former British Prime Minister still missing the point – this time on ODA
I read an article in the Financial Times earlier this week (September 23, 2023) – How do we raise trillions of dollars to fight the climate... -
Kyoto Report 2023 – 1
This Tuesday report will provide some insights into life for a westerner (me) who is working for several months at Kyoto University in Japan. Well I... -
Australia’s new White Paper on Full Employment is a dud and just reinforces the failed NAIRU cult
Today (September 25, 2023), the Australian government issued its – Working Future: The Australian Governmentâs White Paper on Jobs and... -
It will end badly if we rely on the speculators and gamblers for a climate change solution
I am now in a very hot and humid Kyoto having left Australia yesterday in weather that was in some places 20 or more degrees Celsius above the norm... -
Off to Japan I go – again
Today, I am heading to the airport for travel to Japan. For the next several months I will once again be working as a professor at Kyoto University... -
Claiming the European Union is close to full employment defies the meaning of language
Last week (September 13, 2023) in Brussels, the President of the European Union delivered her annual – 2023 State of the Union Address. We all... -
Australian labour market – stronger employment growth in August demonstrates how ineffective monetary policy is
Today, the Australian Bureau of Statistics released the latest – Labour Force, Australia – for August 2023 today (September 14, 2023).... -
Capitalist wants government to drive up unemployment by 40-50 per cent and inflict more ‘pain in the economy’ on workers
Two items this Wednesday before the music segment. First, we saw the stark ideology of the elites on full display in Sydney yesterday with a... -
The Chilean coup just one link in a complicated right-wing economics agenda to empower capital
Several related strands have come together in the last week of work and thinking. Today (September 11, 2023), of course, is a massive day in history...