economic rent

Not all Brexit Scenarios are Equal

Six days ago, the good folks at the Scottish Land Revenue Group posted a most pertinent graph on the United Kingdom’s present and projected economic course. It’s especially telling because Brexit under Johnson’s Government will be an utter betrayal of the pro-Brexiteer segment of the population, simply because the oligarchs behind the Tory party have a vested interest to [de facto] keep the United Kingdom inside the EU.

The World’s Best Economist

If you want to learn real economics instead of neoliberal junk economics, read Michael Hudson’s books.
What you will learn is that neoliberal economics is an apology for the rentier class and the large banks that have succeeded in financializing the economy, shifting consumer spending power from the purchase of goods and services that drive the real economy to the payment of interest and fees to banks.