The ECB’s decision on 2 February to raise interest rates again by 0.5 percentage points and to announce an equally large increase for March will go down in history as a grand misjudgement. Although it is already foreseeable that the price development in Germany and Europe will quickly approach normal values in the course of this year, the central bank risks a further deterioration of the economic development. It underestimates the current dynamics of the price decline.
The pursuit of infinite economic growth is driving climate breakdown and producing ecologically toxic architecture, argues Phineas Harper, one of the chief curators of the Oslo Architecture Triennale. Read here
Tax rate changes can be used to manipulate spending Read Here Photo: MarkBuckawicki available under the Creative CommonsCC0 1.0 Universal Public Domain Dedication
Bringing the worst kept secret in Brussels to the surface Read here
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