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"Austerity Will Leave Britain No Choice but to Join the Euro" by Chris Luenen
In the wake of the recent Irish debt crisis, the UK Coalition government decided not to take part in a new rescue fund for troubled eurozone members, suggested by France and Germany. This decision...
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"Why the Coming Debate Over Spending Cuts Has Nothing to Do With Reviving the...
President Obama has chosen to fight fire with gasoline. Republicans want America to believe the economy is still lousy because government is too big, and the way to revive the economy is to cut federal...
View Article"The Mediterranean Sun in Times of Recession – No Future for the Greek...
Pension spending has consistently been documented to pose a very significant risk to the long-term sustainability of public finances in Greece. On current trends, the projected spending on pensions in...
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"Economic Policy in a Parallel Universe" by Gerald Holtham
European monetary union has always been haunted by a spectre. That spectre is the irresponsible member country with an uncompetitive economy and a large budget deficit, building up too much debt and...
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"Austerity Policies and Fiscal Consolidation in Europe" by Arne Heise
The world financial crisis of 2008-2009, which did not turn into a ‘Great Depression’ only because central banks and governments worldwide prevented a complete ‘meltdown’ of the financial system and...
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"Sarkozy and Merkel Ready to Set European Austerity in Stone" by Jacques Reland
Bye bye Neo-liberalism, Guten Tag Ordo-Liberalismus. After his infatuation with Blair’s brand of Neo-liberalism in the first few months of his Presidency, then his flirt with Keynesianism and...
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"Austerity Promotes Gender Hierarchies" by Gabriele Michalitsch
Neoliberal restructuring and the economic crisis have led to increasing inequality, social polarisation and societal disintegration. That austerity politics fosters these developments is widely...
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"Pain without Purpose" by J. Bradford DeLong
Three times in my life (so far), I have concluded that my understanding of the world was substantially wrong. The first time was after the passage in 1994 of the North America Free Trade Agreement...
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"What Mario Draghi really proposes is a ‘Suicide Compact’" by Ronald Janssen
Business lobbies and conservatives have become extremely good at hijacking progressive policy concepts and perverting them into something that suits their own agenda. European economic governance is a...
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"External and Internal Imbalance: The Siamese Twins of the EMU" by Rorita...
Following the financial crisis of 2007, Eurozone countries have been separated into two large blocks dependent on their capacity to honor their domestic public finance constraints. The predominant...
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