The deep unfairness of the transition from communism in Central and Eastern Europe fed the illiberal populist rebellion across the region today.
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Economics
Ann Pettifor: Grain Inflation – Starve the Poor, Feed the Rich
In a world of financialised globalisation, prices of food are not determined by the simplistic laws of supply and demand. Prices are determined by a wall of money wielded by relatively few, invisible speculators and […]
Economics
J. W. Mason: A High-Pressure Economy Could Reshape Work. If the Fed Lets It.
The labor market is exceptionally tight, at least by the standards of recent history. That matters for monetary policy, but its importance goes beyond inflation, or even material living standards. We are used to a […]
EU politics
BBC – Poland election: Governing party claims victory after exit poll
Our author Aleks Szcerbiak explained almost four weeks ago why the PIS party has been so successful here. The answer is simple: anti-austerity by redistributing wealth from the metropolitan professional elite and corporations to lower […]
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