Italy voted last Sunday in a way that should deeply frighten all those who still feel a touch of responsibility for Europe in them. But nothing of the sort can be observed in German politics or the public. One merely sees one’s own prejudices confirmed and reflexively admonishes Italian politics to finally turn to the path of virtue that Germany has long been charting. The fact that this election in Italy was preceded by a long process of disappointment and frustration about the behaviour of the most important European neighbours is simply ignored.
Economics
Chris Dillow: Obstacles to full employment
With regard to Modern Monetary Theory (MMT) there is a debate in progress in Britain between Simon Wren-Lewis and Jonathan Portes, who are guiding the economic policy of the Labour Party and Richard Murphy, a […]
Economics
Bill Mitchell – The effectiveness and primacy of fiscal policy – Part 1
That monetary policy has lost its effectiveness is common knowledge, although neo-liberal governments and economists continue their policy of pretend and extend. Bill Mitchell addresses the political aspect of fiscal policy as the alternative. Read […]
EU politics
euronews: Populist Calin Georgescu takes surprise lead in Romania’s presidential election
It is interesting that the Financial Times wrote that this dealt “a major blow to the country’s political establishment”. What they mean with that is the EU authoritarian neo-liberal political class. Nice that they admit […]
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