High interest rates and soaring building costs have drastically reduced the demand for new buildings in Europe. So far, ongoing projects and a heightened focus on sustainability have prevented construction volumes from shrinking, but we’re expecting to see a steep decline begin to emerge in 2024
National Politics
Chris Dillow: The end of evidence-based centrism
This may be solely about Britain, but it is still an interesting read. Read here
EU politics
Ben Burgis: We should have listened to Bernie Sanders about Ukraine
Bernie got it right again. Read the article here.
Economics
Positive Money: The ECB’s plan to “normalise” monetary policy is worse than unclear
The ECB keeps repeating that it is on a path of monetary policy “normalisation”. But what is behind this phrase and why does the ECB like it so much? I argue that it currently functions […]
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