Richard D Wolf, professor of economics emeritus at the University of Massachusetts, wrote the following. It was first published by the Pressenza International Press Agency (6 June 2022). Inflation is on the rise and hurting many. Although Wolf’s alternatives to fighting this threat are within the context of the United Sates, they have universal application,… Read More There are better ways to stop inflation than by hiking interest rates
By Joe Montero Australia’s inflation rate is rising and set to rise further still. In the first three months of this year, it rose 5.1 percent, according to Jim Chalmers, the Treasurer of the newly elected Labor government. He has suggested that further interest rate rises are on the horizon. The Reserve Bank has not… Read More Australia’s inflation rate is rising and why this is happening?
Photo from AAP: Anthony Albanese… Read More Australia’s anaemic economy requires an alternative
Contributed A few days into the election campaign and two big issues are already being ignored, the falling share of wages and the even worse opposition faced by those trying to live on social security payments. If campaigning had been about people, surely, what determines the standard of living of every adult and child in… Read More Wages and social security justice should be at centre stage of election campaign
By Joe Montero A great deal has been written about where we might head to in the post pandemic world. Is it a return to the past or forward towards something new? The political elite wants to return to the past. This is nonsense. It won’t happen. The landscape has changed. How much, we don’t… Read More Grass roots politics