Austerity
Thomas Fazi: Could Covid-19 vanquish neoliberalism?
This crisis is exposing the folly of applying market-based logic to every domain of human life Read here
EU politics
Aviation
BBC: Lufthansa makes ‘permanent’ cuts as travel plunges
This is indeed good news for the climate, but at the same time bad news for the employees. The German government should now expand (actually reinstate all the services they have reduced) the rail service. […]
EU politics
Toni Strubell, Núria Bassa – Authoritarianism wins in Spain: COVID-19, Assange and Cuixart
Spain’s state terror takes no end, even in the midst of the human catastrophe we are all going through. And what we are seeing in the case of Julian Assange is no different. Toni Strubell […]
Austerity
Jamie Jordan, Vincenzo Maccarrone, Roland Erne – There is little evidence the EU’s post-crisis economic governance regime has moved in a more ‘social’ direction
What? The EU, that most perfect institution in the world, putting neo-liberal policy before the welfare of its citizens? Why did no one tell us? Maybe the Brexiteers were onto something after all. Read here
Aviation
Steven Truxal: COVID-19 airport slot rules: what’s changed and what’s next for European airlines?
How the wasteful and plodding EU bureaucracy had thousands of empty planes flying round the world for weeks. Read here
Austerity
Sony Kapoor, Willem Buiter – To Fight the COVID Pandemic, Policymakers must Move Fast and Break Taboos
Crossing the Rubicon of monetary financing. COVID-19’s economic impact on crumbling GDPs, collapsing tax revenues and ballooning fiscal deficits will be much larger than what has been reported thus far. Any hesitation in throwing everything […]
Economics
Dirk Ehnts – The Eurozone is Fully Committed to Modern Monetary Theory (MMT)
The European Commission and the European Central Bank have changed the eurozone during the crisis in the way that progressive economists have demanded. National governments can now spend more money without fear of deficits or […]
Austerity
Bill Mitchell – EMU Member States should ignore Brussels and do whatever it takes
More and more people are realising that it is beyond reform – and that goes for the EU in general. The Eurozone is just the most advanced expression of the neoliberalism built into the EU […]
Economics
Camille Landais, Emmanuel Saez, Gabriel Zucman – A Progressive European Wealth Tax to Fund the European COVID Response
European governments have reacted swiftly to the COVID crisis and are now discussing ways to mutualise the cost of the epidemic. This column proposes the creation of a progressive, time-limited, European-wide progressive wealth tax assessed […]
Economics
Carlo Clericetti – Corona Crisis: The Eurobond is not Worth the Fight, the ECB is the Key
Reason and common sense seem to be strangers to the German hegemon and its acolytes. Carlo Clericetti is an Italian journalist. In the past he has directed “Affari & Finanza”, a weekly supplement published by […]