Bad new for a mercantlist economy that is not growing: In December 2022, German exports were down by 6.3% and imports by 6.1% on a calendar and seasonally adjusted basis compared with November 2022.
Austerity
Prem Sikka: Why Britain is done for – unless we radically change our economic model
What Prem Sikka writes is relevant for most of Europe. Austerity has not only meant cutting back necessary public spending, ubt also a major inequlity in the distribution of wealth. In the meantime we are […]
Corruption
Corporate Europe Observatory – Smoke and mirrors
Weak EU transparency rules allow tobacco industry lobbyists to dodge scrutiny Read here
Austerity
Robert Skidelsky: How austerity broke Britain – and how we can recover
After ten years of wrongheaded and brutal spending cuts, Keynes’s warning that bad economics produces political extremism is more important than ever. Read here
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