Bill Mitchell: Actions by our governments are the opposite to what we require from them on climate change

Bill Mitchell: Actions by our governments are the opposite to what we require from them on climate change

While mainstream economists regularly appear in the media decrying fiscal deficits as vehicles to undermine the future of our children and grandchildren, which then leads governments to follow austerity paths for political gain, the climate situation will likely ruin the future of the generations to come. The fiscal lies prevent governments from actually doing what they can (and should) do to reduce the severity of the climate degradation and wi…