Relationships important but no miracles Good relationships are crucial for well-being. A long-term Harvard study with that message, the New York Times recently highlighted. The research supports it. People with warm, stable relationships live longer and happier on average. Isolation, on the contrary, can be as harmful as smoking. More time with family and friends actually increases…
Category: Monetary policy
Debt settlement too difficult to obtain
The fact that over-indebtedness is sky-high in Sweden is not just a personal tragedy for hundreds of thousands of people – it is a systemic failure that reveals something deeply immoral in our economic system. In the fall of 2025, collection requirements will decrease slightly, but that is because people are too poor to even borrow. Private debt mountain not necessary We live in a…
S new social analysis a flop
S's new social analysis is for immigration but is it and everything else it is in a way that is most repressive. The class analysis and the workers' needs are absent. S is the big red-green society-supporting party. It must abandon the idea of "saving-in-the-barns". This austerity goal is only focused on subsidizing the wealth of the very few at the expense of…
Why should we not say loans about government deficits
It is the term loan that is so misleading and could be misused to borrow from capitalists or abroad. Technically, it is not a loan either. The state can request that the people do the best they can and the state must help the people according to its ability. Then the state directs or helps the people by creating money…
The truth about immigration
Integration is an investment – not a cost. Although it sometimes takes up to 5-8 years for refugee immigrants to get a firm grip on the labor market, it is significantly shorter than for many native Swedes without higher education. Young Swedes often try their luck in their 20s and 30s between temporary jobs, unemployment, and studies before they…
No government deficits – society's unnecessary straitjacket
Vote for bigger government deficits! Deficits are part of how the state regulates the market and protects citizens and nature. Neoliberalism attacks this. How is money created? Can we afford to work? Sweden's Riksbank's prize in economic science in memory of Alfred Nobel in 2022 suggested that banks have an important role for the social economy even if this can…
Trickle-down economics has reached the end of the road
The absurdity becomes almost comical. Simona Mohamsson wants to make Sweden a tax haven for billionaires and double the number of billionaires by 2036, despite the fact that Sweden is already one of the world's most favorable countries for very large fortunes. TV4, SVT and Sveriges Radio have reported on the Liberals' goal of 1,000 billionaires, and economists have already expected…
How to save equality and the environment/nature all over the world
Global equality and the environment - how do we save these? Modern Monetary Theory (MMT) is a macroeconomic theory that proposes that governments with their own currency have the ability to spend unlimited amounts of money on desirable sectors of the economy. Sustainably productive investments increase budget space According to MMT, government spending is limited by inflation and not by public debt....
Interest rates do not control the economy
Interest rates do not control the economy. This makes the central banks' monetary policy an extremely ineffective and blunt tool. Jussi Ora has done the following excellent video interview with economics professor Richard Werner. Werner has examined the historical empirical evidence on whether interest rates control the development of the economy. The result was that interest rates do not control this. Fiscal policy is a much more effective tool for governing…