When a high-ranking European policymaker like Christine Lagarde gives a keynote speech on “policymaking in an age of shifts and breaks” at a meeting of the world’s most important central bankers, one should listen carefully. Because that is indeed what matters in this world: how to manage the inevitable structural change without making serious macroeconomic mistakes.
EU politics
Yanis Varoufakis – The Toxic Finance Behind Europe’s Plans for Ukraine
‘EU foreign policy chief Kaja Kallas has revived plans to draw on frozen Russian assets to make loans to Ukraine. Yanis Varoufakis writes for Jacobin that the idea is unworkable and incompatible with efforts to move toward […]
EU politics
Chris Dillow: Inequality and poverty
Here is another case of “Lies, damned lies, and statistics”. A constant Gini coefficient (a statistical representation of the income or wealth distribution of a nation’s populace) does not necessarily mean poverty is not increasing, nor […]
Deregulation
Jacobin: Saving France’s Railways
An interview with Bruno Poncet Yesterday, French rail workers kicked off months of rolling strikes against Macron’s attacks on their working conditions. Read here
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