Eurozone Delays and Half Measures
Are the eurozone’s continuing woes the result of its incomplete construction or because of policy errors in responding to the crisis?
Read more...Category Archives: Europe
Mathew D. Rose: Now It Is Poland’s Turn
Germany is very upset that Poland has voted in a populist, Euroskeptic, anti-austerity government. And Germany is particularly unhappy that the new regime is increasing its control over public media….which Germany already has in place.
Read more...How the Labor Cost Competitiveness Myth is Making the Eurozone Crisis Worse
A new article makes a devastating attack on a fundamental belief driving Eurozone policy, that the member economies need to be made more “competitive,” meaning labor needs to be squeezed, for the currency union to achieve more growth.
Read more...Louis Proyect: Greece as Rashomon
Like Akira Kurosawa’s “Rashomon”, the story of Syriza is also one about a rape told from different, self-serving and contradictory perspectives.
Read more...The Predictability of Political Extremism
What’s at stake: The rise of the extreme right in the latest French election has mostly been treated as surprising or reflecting special circumstances like the November 13 Paris attacks. But a large literature linking extreme right votes to persisting depressed economic conditions suggests that longer run factors are at play.
Read more...Why We Brits Should Vote for Brexit
Why England would be better served by leaving the European Union.
Read more...Ilargi: Marine Le Pen Will Reap What The EU Has Sown
Thanks to EU and Eurozone misrule, Le Pen is right when she says: “Nothing can stop us”.
Read more...Michael Hudson: The IMF Changes Its Rules….for Ukraine
The IMF has now been drawn into the U.S. Cold War orbit.
Read more...Is France Building an Apartheid State?
In France, members of Arab and African communities languish in a spiral of poverty, relegated to second-class citizenship and physically separated through deliberate planning.
Read more...Ilargi: Greece is a Nation Under Occupation
Apparently, if 15 countries vote to occupy Greece, it’s a done deal.
Read more...German Financialization and the Eurozone Crisis
German financialization and input on the eurozone’s financial architecture promoted deficits, increased systemic risk, and facilitated the onset of Europe’s subsequent crises.
Read more...“Failed: What the ‘Experts’ Got Wrong about the Global Economy”
An excerpt from CEPR co-director Mark Weisbrot’s important new book, Failed.
Read more...Mathew D. Rose: The Ordeal of Angela Merkel
A chronicle of Angela Merkel’s rise and a catalogue of recent political mistakes which are putting her chancellorship at risk.
Read more...Rebooting the Eurozone: Step 1 – Agreeing a Crisis Narrative
The Eurozone needs fixing, but it is impossible to agree upon the steps to be taken without agreement on what went wrong. This column introduces a new CEPR Policy Insight that presents a consensus-narrative of the causes of the EZ Crisis. It was authored by a dozen leading economists from across the spectrum. The consensus narrative is supported by a long and growing list of economists.
Read more...The Disaster of Greek Austerity – What Next?
More on the ground readings on the impact of austerity in Greece.
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