Book review by Mathew D. Rose In 2011 Guy Standing wrote a book titled “The Precariat – The New Dangerous Class”, which showed great prescience. By the second paragraph he had already predicted what would […]
Using Colin Crouch’s new book “Can Neoliberalism Be Saved From Itself” as a starting point, Wren-Lewis re-examines his own definition of neo-liberalism. He comes to the conclusion that neo-liberalism is the misuse of the ideal […]
A prime minister, a banker, the heads of the top telecom company, construction moguls, assorted friends and family. Portugal’s biggest corruption case ever is a veritable who’s who of the nation’s political and business elite. […]
GDP has become a fetish. This obsession with major GDP growth makes reducing CO² impossible. The other downside is that GDP growth mainly ends up enriching the 1 %. The solution lies in re-distribution. There […]
Today, Costa Rica is a thorn in the side of orthodox economics. The conventional wisdom holds that high GDP is essential for longevity: “wealthier is healthier”, as former World Bank chief economist Larry Summers put […]
Globalisation has ravaged the economies and societies in the industrialised world. Uneven growth and deindustrialisation are causing political turmoil. The left, trapped in a limited territorial state, is likely to fail even if it wins […]
In 2012 the ECB purchased massive amounts of Greek bonds from German and French banks to save them from going under, they having recklessly purchased these bonds. Greece has continued to pay interest on these, […]
For Kreibich the future of Europe depends on the development of democracy and sustainability on the continent. A bold vision and its realisation are necessary to enable Europe to thrive with a secure perspective. Rolf […]
The current prime minister of Iceland sold over a million Euros in assets in the Glitnir bank just hours before the the state took control of the collapsing bank in 2008 Read here
The risks of a private debt crisis in the United Kingdom are real enough. But the existential threat is that this will happen together with the bursting of the greatest asset bubble in the UK’s […]
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