08 | January | 2015 | New Economic Perspectives

Daily Archives: January 8, 2015

Je Suis Oncle Bernard

Posted on January 8, 2015 by William Black | 3 comments

By William K. Black
Bloomington, MN: January 8, 2015

As the new editor-in-chief of New Economic Perspectives (given the fantastic news, except for UMKC, that Stephanie Kelton has been named Chief Economist for the Senate Budget Committee) it is my sad responsibility to note the murder of Bernard Maris, a prominent French economist and opponent of financial terrorism via austerity, in the terror attack on Charlie Hebdo. Bernard was known in France as Oncle Bernard. This excerpt provides a brief description of the man we have all lost. We offer our condolences to all who knew him.

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Posted in William K. Black

EU Deflation Arrives and the Troika Continues to Fiddle While the EU Burns

Posted on January 8, 2015 by William Black | 1 comment

By William K. Black
Bloomington, MN: January 7, 2015

The troika (the EU Commission, the ECB, and the IMF) are flirting with throwing the entire eurozone back into a third Great Recession and much of the periphery into the continuation of the Troika Depression. For nations like Greece, the current Great Depression is now more severe and longer lasting than the Great Depression of the 1930s. The New York Times and the Wall Street Journal’s journalistic malpractice in covering the troika’s gratuitous infliction of misery upon the people of Europe has been the perfect side dish to complement the troika’s toxic economic malpractice.

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