It is not even 24 hours since the European Central Bank interest-rate decision and quite a bit has changed.
Read HERE
Shaun Richards: The ECB interest-rate rise leads to questions about the first cut
Austerity
Bill Mitchell: The ‘fiscal contraction expansion’ lie lives on – now playing in Italy – Part 1
“Pathetic was the first word that came to mind when I read this article – The Italian Budget: A Case of Contractionary Fiscal Expansion? – written by Olivier Blanchard and Jeromin Zettlemeyer, from the Peter […]
EU politics
David Adler: Will the Radical Right Break the EU?
In the race for the European Parliament, politics are becoming transnational—and threatening the union from within. Read here
Finance
Chris Dillow – Stumbling and Mumbling: Capitalism’s bad incentives
Capitalism contains many dysfuntional incentives – ones that constrain innovation and encourage rent-seeking. Read here
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