When is MIT-style New Keynesianism not just NON Keynesian but ANTI Keynesian? When it recommends (along with sensible macro stabilization) radical, pro-business micropolicy to a country engaged in an existential fight for survival.
EU politics
Ashoka Mody: Greek bonds now yield less than Treasurys, and that’s as irrational as it was in 2007
Today’s cheer in eurozone financial markets obscures a steadily weakening economic foundation Read here
EU politics
Ulrike Guérot, Thomas Piketty, et al.: Democratising Europe begins with ECB nominations
Who runs Europe? The people? Not on your life. As a raft of renowned experts write, the new members of the European Central Bank, in the meantime a powerful institution, will be selected in secret […]
EU politics
El Nacional Cat.: Spain withdrew billions of euros from Catalan banks after referendum
The day after the Catalan independence referendum, so on 2nd October 2017, the Spanish state quietly removed the money public companies and authorities held in the two largest Catalan banks, Banc Sabadell and CaixaBank. Read […]
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