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ERA Review 2023

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Volume 15 No.2 May – June 2023


Systemically corrupt capitalism – part 2
Corporate capitalism is riddled with corruption, criminality and opposes public purpose
Evan Jones

The coming global financial revolution – part 2
Russia is following the American playbook
Ellen Brown

Thoughts about full employment
Unemployment is an integral part of the ‘normal’ capitalist system
Ellis Winningham

Degrowth: how much is needed?
The human race cannot save itself unless we shift to some version of The Simpler Way
Ted Trainer

A Green New Deal must not be tied to economic growth
The ideology of capitalist growth created the climate crisis
Giorgos Kallis

An update from Sustainable Prosperity Action Group
Gabrielle Bond and Steven Hail

The dead parrot of mainstream economics
Commercial banks do not lend out their depositors’ money
Steve Keen

Is it rational to be a sociopath?
Causing harm to others for private benefit is sociopathic
Asad Zaman

The nature of capitalism
We can have a democratic economy organized ed around meeting human needs at a high standard, where production is socially just and ecologically regenerative
Jason Hickel

Stephanie Kelton is now an adjunct professor with Torrens University
In addition to her current post at Stonybrook University (New York)
Stephanie was recently appointed to a post at Torrens University, Australia

Volume 15 No.2 March – April 2023


Setting the economic agenda
There are no easy solutions to complex socio-economic problems
Wayne McMillan

Monetary and fiscal policy frameworks for Australia – part 2
Governors and department heads in the RBA need re-educating
John Haly

Homelessness study report and competitive neutrality
Market forces cannot solve the homelessness problem
Colin Cook

Ecological reasoning demands perspectives that mainstream economics is designed to obliterate
Mainstream economics is blind and hostile to sustainable socio-ecological models
Gregory Daneke

The transition to a steady-state economy: reply to Michael Keating [1]
Neoclassical and neoliberal ideologies are destructive and should be rejected
Mark Diesendorf

The debt ceiling limit is destructive, duplicative and dumb
The US debt ceiling should cease to be used as a political weapon and preferably should be abolished
Stephanie Kelton

The money multiplier – neat, plausible, and utterly wrong
A wrong explanation of how bank credit money is created
Lars Syll

A comment on Bernanke’s Nobel lecture
A FED chair should not be engaged in sugar-coating corrupt bank practices
James Galbraith

Sustainability and the New Economics
Discussion about a new book on sustainability and ecological boundaries
Steven Hail

Systemically corrupt capitalism
Corporate capitalism is riddled with corruption, criminality and acts against public purpose
Evan Jones

The Singapore-inspired idea for using super for housing that could cut costs by 50%
A new scheme designed to halve the cost of buying a domestic home
Cameron Murray

Volume 15 No.1 January-February 2023


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