The Greek people have just lived through a Depression as deep as the Great Depression and considerably longer. It is now the greatest recorded peacetime Depression.
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Corruption
Reuters: Estonia scraps key part of new anti-money laundering legislation
The new EU member states have sussed it out: the political class makes the laws – for themselves and their wealthy clientel. It took a while, but they are finally integrated in the European Union. […]
Economics
Prem Sikka: The takeover of GKN shows that the UK can’t build a sustainable industrial policy without reducing shareholder power
Does the UK have an industrial policy? Such a question is likely to become more acute as the UK seeks to forge new priorities to compete in the post-Brexit world. An answer can be teased […]
EU politics
Thomas Piketty: Suppression of the wealth tax: an historical error
The suppression of the wealth tax (Impôt sur la Fortune or ISF) by Emmanuel Macron constitutes a serious moral, economic and historical mistake. This decision reveals a profound misunderstanding of the challenges to inequality posed by […]
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