First it was capital controls (no one talks about the success of Iceland with this policy) that the IMF revised. Now it is what the IMF refers to as “The policy that shall not be name”, Indutrial Policy, that is being rehabilitated.
If you wish to know about what is going on in the Left of the British Labour Party, this piece provides a good insight. Read here
The eurozone must collapse in the end. If it does not, the entire eurozone will end up looking like Greece looks like today. Greece is the eurozone’s future, if it is kept in place. Read […]
Milanovic examines the war as a great leveler hypothesis . Read here