Economic policy is not made by a meritocracy in which the people with the best ideas get the most say. Nor of course is it a democracy in which we all have equal say.
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Chris Dillow: The futility of economic policy debate
EU politics
Eldar Mamedov: EU’s vaunted unity is disintegrating over Gaza crisis
Hamas’s attack and Israel’s response have pitted member states and institutions against each other, and it’s spilling over in public. Read HERE
Economics
Barry Eichengreen: The Populists’ Euro
Not a terribly progressive approach (Who is Eichengreen trying to appease? The edtiors of Project Syncidate?), but there are some interesting thoughts in the article. Read here
Austerity
Yanis Varoufakis: Merkel’s Comeuppance is Europe’s – and the World’s – Misfortune
Yanis Varoufakis is right, he predicted the results of Germany’s austerity policy years ago. But the Germans, with their typical hubris, did not listen. They know better. If you are wondering why the EU’s political […]
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