Lacking Resources?

Lacking Resources?

By Dick ForslundA recent report to South African Cities Network shows how much of incomes households pay in property rates water and electricity supply, and solid waste and sanitation. Low income households pay 10 to 20 percentage points more of their total incomes to...

Austerity Versus Stimulus | by Prabhat Patnaik

IT is obviously silly to push for austerity in the midst of a recession, not just silly but cruel, since it prolongs the pain of unemployment. The recession is caused by a deficiency of aggregate demand. To overcome it what is necessary is an increase in demand which...