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There is no Nobel Prize in economics
Let’s debunk a myth. There is no “Nobel Prize in Economics”. On Nov 27, 1895, when Alfred Nobel signed his will, he left five prizes in alphabetical order to: chemistry, literature, peace, physics, and physiology or medicine. The Nobel Prize in Economics is declared after the Panchapandavas above.
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Unlocking U.S. sanctions: China signs construction & energy deals with Cuba
Beijing is slowly unpicking Washington’s foreign policy, sanction by sanction, country by country.
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Conspiracy Theorist Anonymous
A support group for conspiracy theorists finds one fictional belief so bonkers even they can’t get behind it.
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The Production Gap report
Governments’ planned fossil fuel production remains dangerously out of sync with Paris Agreement limits.
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Cryptocurrencies: a view from the left
As cryptocurrencies take the world of finance by storm, Thomas Redshaw examines their rise and what the left should make of them.
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China-Africa friendship continues to flourish on vaccine, trade, renewable energy
China-Africa friendship is expected to continue to flourish as cooperation is further deepened in various areas after the ongoing 8th Ministerial Conference of the Forum on China-Africa Cooperation (FOCAC) held in Dakar, Senegal.
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World inequality
The world has become more unequal in income and wealth in the last 40 years. That’s according to the World Inequality Report 2022.
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Chávez the Radical XXVI: ‘What are Privatizations?’
The Bolivarian Revolution represented a break from neoliberal governments. Is the tide turning? Tatuy TV examine that in this episode of “Chávez the Radical.”
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India’s post-pandemic economic recovery
The pandemic alas is not yet over, but there are no economic disruptions in the current fiscal year in the form of lockdowns or workers’ absence. The economy’s performance therefore can no longer be attributed to the prevalence of the pandemic; whatever it is, it is caused by economic factors.
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Views on China
What is the experience and future for China and its Communist party rule? It seems appropriate to consider a number of new books on China that have been published that try to answer this question.
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Can Joan Robinson’s ideas cast some light on today’s profound economic challenges?
2023 marks the fortieth year since the passing of Joan Robinson and her one-hundred-and-twentieth anniversary.
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Opening this article voids warranty
Repair, as an act of reclaiming technology, is ongoing in the Global North and South with complementary driving forces and problems.
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Titans
Tracing the rise and the politics of asset manager capitalism.
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Manufacturing stagnation
Intellectual property, industrial organization, and economic growth.
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Class conflict and economics
A funny thing happened on the way to the recovery from the Pandemic Depression: class conflict is back at the core of economics.
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Will Glasgow fix broken climate finance promises?
SYDNEY and KUALA LUMPUR: Current climate mitigation plans will result in a catastrophic 2.7°C world temperature rise. US$1.6–3.8 trillion is needed annually to avoid global warming exceeding 1.5°C.
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Economic inequality means retirement insecurity for most U.S. households
This is far from a “hot take”: financial wealth in the United States is highly concentrated, with most households, especially Black and Hispanic households, owning few financial assets
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Radical Heterodoxies & Parallel Institutions w/ Mat Forstater
Mat Forstater joins Money on the Left to discuss the origins of Modern Monetary Theory (MMT), the vicissitudes of heterodox economics, and the challenges of building alternative institutions in and beyond the academy. As one of the principal architects of MMT, as well as teacher and advisor to many of the more recognized MMT scholars and advocates today, Forstater is perhaps the best equipped heterodox economist to give us the details on the innovative assumptions and arguments that created the firmament for what we now know as Modern Monetary Theory.
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Right-wing Democrats gut social program budget after Biden refuses to fight
After spending weeks conducting backroom negotiations with Sen. Joe Manchin, Sen. Krysten Sinema and other right-wing Democrats in Congress over the social program budget, the Biden administration announced yesterday a “framework” that abandons some of the most important elements of the original proposal.
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Winston Churchill & British imperialism
Even patriotic Brits know that their hero Winston Churchill did not win World War 2 or fly a Spitfire. What they, and others, may not know is how his statements often shed a clear light on British imperialism.