We need to apologise. We had assumed that a scandal of this dimension would be covered by European mainstream media and thus felt we need not post an article. How wrong we were. Read here
Do not expect much to change in the EU. Germany’s National Champion Bayer bought Monsanto. The German government will not let this damage Bayer’s business in the EU, just as it has protected Volkswagen from […]
The official story is one of creating a national champion, a German bank large enough to compete with American investment banks. The truth is far less heroic and a lot more sordid than that. Here […]
With neo-liberalism, the ethos of private gain came to dominate our political culture. Now, we have a crisis of trust in politics Branko Milanović is an economist specialised in development and inequality. Branko will be […]
This piece is taken from a short book entitled “Austerity: 12 Myths Exposed” edited by Bryan Evans, Dieter Plehwe, Moritz Neujeffski and Stephen McBride, which we can highly recommend. As the authors write: “Belt tightening […]
“Moving almost a trillion euros out of the regulated and relatively transparent banking sector into the opaque and almost totally unregulated shadow banking sector is incredibly misguided and will pose massive new risks to financial […]
Spain and Catalonia have been living in a climate of open conflict since the suspension of the Estatut d’Autonomia de Catalunya (the Catalan Statute of Autonomy) in 2010 and with increasing intensity since the unofficial […]
The euro-nations (and the whole of the EU for that matter) are paying the price for accepting German hegemony, as the Germans threaten to bring down both organisations with their particular interests at the cost […]
Until now, most debates about Brexit have only considered the question from the viewpoint of Britain itself and the shambolic process overseen by the Tory government. However, Brexit raises issues that go beyond the UK […]
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. Read here
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