Wolfgang Schäuble is the person who personified the so-called ‘die schwarze null’ (Black Zero) while finance Minister. His conduct as finance minister was an instrumental element in extending the GFC across the Eurozone. He is still influential in European politics and his latest Op Ed makes it clear that the austerity mindset is still alive and well despite the current relaxation of the Stability and Growth Pact rules during the pandemic.
Economics
Mariana Mazzucato: Who Really Creates Value in an Economy?
Ten years after the global economic crisis, profits have recovered, but investment remains weak. Ultimately, the reason is that economic policy continues to be informed by neoliberal ideology and its academic cousin, “public choice” theory, […]
Deregulation
The Local se: Sweden’s government collapses as prime minister loses no-confidence vote
Sweden’s parliament has voted in favour of a no-confidence motion against Social Democrat Prime Minister Stefan Löfven, a historic result that means the country could face snap elections later this year. He must now resign […]
EU politics
The Observer: Parliament seizes cache of Facebook internal papers
Documents alleged to contain revelations on data and privacy controls that led to Cambridge Analytica scandal Read here
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