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ERA Review 2023

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Volume 15 No.1 January-February 2023

Contents


Neoliberalism as an enabler of the spread of Covid-19
The virus spread was aided by “epidemiological neoliberalism”
Imad A. Moosa


Two big budget fallacies harming Australians
We do not need to tolerate poverty and homelessness
Geoff Davies


The fantasy economics of the Nobel prize
How banks create money
Steve Keen


The Federal Treasury’s central bank (RBA) account
Any creator of money has no need to save or store that money
John Hermann


Monetary and fiscal policy frameworks for Australia – part 1
Neoclassical economics still guides the RBA’s monetary decisions
John Haly


Modern money and inflation
Expansion of the money supply by the state should be targeted at unemployment, in order to prevent stagflation from happening
Asad Zaman


The Coming Global Financial Revolution (part 1)
Russia is following the American playbook
Ellen Brown


Zero fossil fuels by 2050 without energy austerity
It is feasible to end burning fossil fuels by 2050 without sacrificing energy services
Richard Corin


The use and abuse of MMT (Part 2)
Explaining the effects of government budget deficits on asset-price inflation and commodity-price inflation
Michael Hudson, Dirk Bezemer, Steve Keen, Sabri Öncü


World’s biggest flow battery opens in China
The vanadium flow battery is a paradigm shift in big storage
Ellen Phiddian


New OEC Under-Secretary-General for Financing and Development
Dr Fadhel Kaboub has been appointed to this position
Editor