The recent university scandal in the USA is just another example of how the rich can secure their children success, although there may be little talent behind this.
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Branko Milanovic: Dutiful dirges of Davos
Davos: “They are loath to pay a living wage, but they will fund a philharmonic orchestra. They will ban unions, but they will organize a workshop on transparency in government.” Read here
EU politics
Costas Lapavitsas: Jeremy Corbyn’s Labour vs. the Single Market
If the next Labour government is to be truly transformative, it must lead Europe away from ordo- and neoliberalism. Read here
Economics
Adam Tooze – The Normal Economy Is Never Coming Back
The latest U.S. data proves the world is in its steepest freefall ever—and the old economic and political playbooks don’t apply. Read here
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