GDP is not fit for purpose. This is something many know, but upon which hardly anyone is acting.
Economics
Eurostat: Government debt up to 98.0% of GDP in euro zone
Weren’t we supposed to be bankrupt at over 60%? Read here
Finance
Branko Milanovic – The Inequality Paradox: Rising Inequalities Nationally, Diminishing Inequality Worldwide
Workers in emerging economies benefited from globalization and workers in rich countries, on balance, did not. Overturning globalization, however, will neither work nor bring a real improvement to the Western middle classes. Read here at […]
Finance
Tax justice Network: European Commission digital tax plan is a nail in the coffin for OECD tax rules
Credit given where credit is due. The EU has finally made a step in the right direction with regard to taxing the digital economy. Read here
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