Written By: - Date published: 12:30 pm, October 14th, 2017 - 104 comments
The International Monetary Fund (IMF) says it now favours higher taxes on the rich and has demolished the myth this might adversely affect economic growth. The authoritative Washington-based think tank in its influential half-yearly monitor also argued for taxes on capital, suggesting a wealth and/or land taxes should be considered, something that will make Gareth […]
Written By: - Date published: 7:04 am, June 1st, 2016 - 159 comments
Even the IMF now acknowledges that neoliberal economics and government austerity policies have failed. Look around at New Zealand – you can see the effects.
Written By: - Date published: 11:20 am, July 2nd, 2015 - 124 comments
Secret documents seen by The Guardian describe just how bad things will be for Greece if they accept the demands of the IMF / “troika”.
Written By: - Date published: 7:11 am, June 17th, 2015 - 139 comments
Trickle down economics is pronounced dead by the IMF. Housing, the working poor and the economy – the policy settings are wrong everywhere.
Written By: - Date published: 2:44 pm, March 4th, 2014 - 7 comments
No Right Turn succinctly points out the impact of the International Monetary Fund changing its mind on the adverse effects of inequality in the economic sphere. A case of an accumulation of facts overriding dumb ideology.
Written By: - Date published: 8:09 am, September 22nd, 2011 - 58 comments
It’s a bit of a worry that the PM seems to be clueless about the complexity and interdependence of the world economy. Bill English needs to take him aside and paint him a picture.
Written By: - Date published: 7:58 am, April 10th, 2011 - 40 comments
Peak oil. We’ve long had warnings from scientists and greens. Right wing governments never listen to those. But recently we’ve also had warnings from organisations that you might think that any government would pay attention to. The IMF is the latest to sound the alarm.
Written By: - Date published: 9:03 am, April 7th, 2011 - 48 comments
This post is largely by the head of the IMF. “[T]he pendulum will swing … from the market to the state,” Mr Strauss-Kahn says, “The benefits of growth must be broadly shared, not just captured by a privileged few … the invisible hand must not become the invisible fist.”