An excellent analysis: “Profit shifting by multinational corporations doesn’t distort Ireland’s balance of payments; it constitutes Ireland’s balance of payments.”
Read here
Brad Setser: Tax Avoidance and the Irish Balance of Payments
Finance
Bloomberg: NYC Pushing Ahead With Cashless Retail Ban, Joining Neighbours
While Europe is purshing for a cashless society, many in the US coprehend the dangers. Read here
Economics
Heiner Flassbeck: France has voted – but the beacon of this election is being ignored
After last Sunday’s election in France, Europe quickly went back to business as usual. After all, it went well once again. Emanuele Macron is likely to be re-elected as president and Europe can rely on […]
EU politics
Thomas Piketty: Europe and the class cleavage
Three years after the referendum on Brexit and on the eve of the new European elections, the scepticism about Europe is still as strong, particularly amongst the most disadvantaged sections of society. Read here
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