Measures that are “temporary and exceptional” tend to become permanent. A wall is being built, military is being used against refugees, imprisonment is being legalised.
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Deregulation
The Local no: Strike leaves Norway’s trains at a standstill: here are your rights as a passenger
The industrial action, which began at 12pm on Thursday and was scheduled to continue until 2pm, is in protest at EU rail regulations. Read here
Economics
Bill Mitchell: Zero trading in 10-year Japanese government bonds signals Bank of Japan supremacy
The lack of trading in the 10-year JGB is a sign that the gamblers in the investment banks have given up their power play against the Bank of Japan. They have finally got the message […]
EU politics
Chris Dillow: Inequality and poverty
Here is another case of “Lies, damned lies, and statistics”. A constant Gini coefficient (a statistical representation of the income or wealth distribution of a nation’s populace) does not necessarily mean poverty is not increasing, nor […]
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