In libertarian circles, where the leader of the German liberals, Christian Lindner, regularly moves, it has become chic to refer to the ‘successes’ of the Argentine president elected a year ago, thus creating the impression that shock therapy could also be appropriate in this country. The Argentine president, Javier Milei, is being held up as a paragon of liberalism before anyone can even present well-founded empirical evidence that his radical approach is having positive effects. Even the no-less libertarian Elon Musk is repeatedly cited as Milei’s kindred spirit, presumably to show how much money can be made if you have the right attitude.
Austerity
UNI Europa stands in solidarity with Portugal’s workers on general strike
This is the Portuguese labour movement’s first general strike in 12 years, directed against an unjust labour reform. Read Article HERE
Economics
Bill Mitchell: US labour market showing further signs of slowdown
Last Friday (September 3, 2022), the US Bureau of Labor Statistics (BLS) released their latest labour market data – Employment Situation Summary – September 2022 – which reported a total payroll employment rise of only […]
Economics
Heiner Flassbeck, Friederike Spiecker: Searching for the scapegoat – wages in the ECB’s focus
If the German Federal Statistical Office hadn’t officially announced it last Friday, you wouldn’t have believed it. In Germany, the part of collective wage agreements that leads to a permanent collective wage increase actually amounted […]
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