The European Union deliberately chooses to subjugate economic prosperity and the well-being of people (jobs, incomes, savings, etc) to maintain an adherence to an ideology that purposely redistributes real resources and incomes to the top end of the distribution and provides lucrative paths for European Commission executives to move between these ‘political’ roles into highly paid banking and related jobs.
In his blog Chris Dillow is referring to the article by Simon Wren-Lewis “The economic and political cost of UK austerity” Dillow asks the important question: “How did they get away with this?” and gives […]
Don’t be misled by the title. This is an interesting piece concerning how the political situation has changed in Britain in the past 25 years. Much is relevant for other EU nations. Read here
Europe needs helicopter money to cope with the severe upcoming recession while avoiding a massive unsustainable debt burden. As soon as the economic recovery phase starts, the ECB should boost consumption in a fair way […]