Let’s explode the myth that a surplus economy is good and a deficit economy is bad. The euro zone will work only if deficit (South) countries can borrow to keep the surplus (North) countries trading. […]
At last night’s Eurogroup meeting, southern states asked for solidarity in the midst of a horrific pandemic and had the door slammed in their faces. The long-term consequences for the EU could be profound. Read […]
Alberto Bradanini è un ex-diplomatico. Tra i molti incarichi ricoperto, è stato anche Ambasciatore d’Italia a Teheran (2008-2012) e a Pechino (2013-2015). È attualmente Presidente del Centro Studi sulla Cina Contemporanea The English Translation is here […]
The actions taken so far to “save” the single-currency union expose its fatal flaws—it will take historic action to save it. Marshall Auerback is a market analyst and commentator This article was produced by Economy […]
Trump is the best student of neoliberalism because he applies its principles without concealment. Branko Milanović is an economist specialised in development and inequality. His newest book is “Capitalism, Alone: The Future of the System […]
Confused about the role of eurobonds, the ECB and Germany in the current euro crisis? This article by Engelbert Stockhammer offers a useful comparison between this financial crisis and the last Engelbert Stockhammer is Professor […]
This crisis is exposing the folly of applying market-based logic to every domain of human life Read here
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
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 […]
An analysis of the risks involved in the response to the coronavirus. before, during, and after. Michael Roberts is an Economist in the City of London and prolific blogger Cross-posted from Michael Roberts Blog There […]
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