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Nobel prize-winning economics of climate change is misleading and dangerous – here’s why

Steve Keen, UCL While climate scientists warn that climate change could be catastrophic, economists such as 2018 Nobel prize winner William Nordhaus assert that it will be nowhere near as damaging. In a 2018 paper published after he was awarded the prize, Nordhaus claimed that 3°C of warming would reduce global GDP by just 2.1%, …

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Africa’s Pandemic Response Calls for Reclaiming Economic and Monetary Sovereignty: An Open Letter

The African Economic and Monetary Sovereignty initiative began almost three years ago in preparation for the first conference on The Quest for Economic and Monetary Sovereignty in 21st Century Africa, which was held in Tunis (November 6-9, 2019). An edited volume from the conference will be published by Pluto Press (2021), and a second edition of the conference will take …

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picture of Fadhel Kaboub for September's National Outreach Call

The Global Green New Deal and an Open Letter on African Economic & Monetary Sovereignty

September 16, 2020, 9pm EDT/6pm PDT This month we welcome Fadhel Kaboub for a return appearance! Fadhel has that rare ability to talk about MMT in language engaging to newcomers and oldtimers alike. This month he turns the MMT lens toward the developing world, discussing the Green New Deal in the context of the global …

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