In Germany long-term price stability has meant suppression of wages. This has enabled its mercantilist policy, which has been so disastrous for the euro-nations.
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Economics
Al Jazeera: Europe imports more Russian gas, aiding wartime economy, report finds
Europe increased its imports of Russian gas last year, says an energy think tank, putting billions into Putin’s Ukraine war chest Read HERE
Economics
Thomas Palley: Goodbye pluralism: cancelled Post Keynesian style
At the end of March, I sent a brief e-mail notice of my article “The Ukraine war and Europe’s deepening march of folly”. The article has been published and re-posted in multiple places, including being […]
National Politics
Yanis Varoufakis – George Osborne’s sordid Elgin Marbles plan
They point out that Elgin had a permit from the Ottoman occupying forces in Athens to take what he liked from the Acropolis — which, they insist, gave him the right to own and to […]
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