Obsession with debt reduction has been disastrous and arguments against a borrow-to-invest approach no longer pass muster
Read here
Larry Elliot: Attacks on McDonnell a sign Tories know stance on borrowing is defunct
Austerity
Simon Wren-Lewis: Austerity and mortality
We have posted a number of articles and links concerning how austerity kills. In this article Simon Wren-Lewis analyses this phnomena in the UK and other European nations Read here
Finance
VoxEU: Currency denomination of foreign exchange reserves – from taboo in the past towards disclosure and exciting research nowadays
There has been a growing trend towards more disclosure by central banks on the currency denomination of their foreign exchange reserves. Read HERE
EU politics
The New York Times: In Denmark, Harsh New Laws for Immigrant ‘Ghettos’
What happened to city planning? There was a time when new social housing was built integrated in stable neighbourhoods, thus avoiding the creation of ghettos. Social segregation seems to be back on the European agenda […]
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