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HomeAusterity

Austerity

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Austerity

Camilla Locatelli and Vanessa Endrejat – EU fiscal rules and the illusion of objectivity

July 9, 2025 Ben Wray 0

EU fiscal rules are presented as objective but they are in fact extremely political, and are much easier for Germany to get round than weaker EU states. Dr Camilla Locatelli is a Postdoctoral Researcher at […]

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Finance

Michael Roberts – Argentina: anarcho capitalism to austerity

April 15, 2025 Ben Wray 0

Argentina under ‘anarcho-capitalist’ Javier Milei is going back to the IMF, having arrested hyper-inflation through massive austerity. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog […]

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Austerity

Politico – EU goes easy on France’s Bayrou as he tries to plug €53B black hole

January 16, 2025 Ben Wray 0

Yet more evidence that the EU’s ‘budget rules’ are wholly political – when it’s government’s Brussels doesn’t like, they are iron-clad, when it’s government’s Brussels does like, they are broad guidelines. Read the article HERE.

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Inequality

Danny Dorling – Getting shorter and going hungrier: how children in the UK live today

September 16, 2024 Ben Wray 0

The growth in child poverty in the UK is horrendous and without comparison among advanced economies. Danny Dorling is Halford Mackinder Professor of Geography at the University of Oxford. Cross-posted from The Conversation Children’s lives […]

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Austerity

Yonatan Berman, Tora Hovland – The cost of austerity: How UK public spending cuts led to 190,000 excess deaths

June 20, 2024 Ben Wray 0

When will politicians learn that austerity kills? Yonatan Berman is a Lecturer in Economics in the Department of Political Economy at King’s College London. He is also a Visiting Fellow at the International Inequalities Institute […]

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EU politics

Politico – France and Italy denounced by European Commission for overspending

June 19, 2024 Ben Wray 0

Austerity is back, just in time for the French election. Read the article HERE.

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EU politics

Yanis Varoufakis – Wolfgang Schäuble (1942-2023)

December 27, 2023 Ben Wray 0

We are sure there will be much more in-depth commentary on Schäuble following his passing, but this short post at least gets the ball rolling in the right direction. Cross-posted from Yanis Varoufakis’ blog Wolfgang […]

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Austerity

Emma Dowling – Rethinking Care: From Privatisation to Solidarity

October 4, 2023 Ben Wray 0

With the population set to age further in the decades to come, the ever-expanding marketisation of care must be replaced by a system based on solidarity. Emma Dowling is a sociologist at the University of […]

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Austerity

Niels Nyholt – How school and hospital closures affect political support

October 4, 2023 Ben Wray 0

A study finds that school closures do move rural communities and the working class away from mainstream parties and towards right-wing populists. Niels Nyholt is a Postdoc in the Department of Political Science at Aarhus […]

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EU politics

AP News: Political neophyte Stefanos Kasselakis elected new leader of Greece’s main opposition Syriza party

September 25, 2023 Ben Wray 0

A centrist banker who has lived in the US for most of his life and has no political experience has taken over Syriza. You couldn’t make it up. Read the article HERE.

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Book Reviews

Economics

The Spectre of State Capitalism by Ilias Alami and Adam D Dixon

July 2, 2025 0

Reviewed by J. D. Evans Alami and Dixon’s The Spectre of State Capitalism is a careful discussion of a topic often dealt with in platitudes and sound-bites. The authors cover uses of ‘state capitalism’ as […]

Economics

Ricardo’s Dream: How Economists Forgot the Real World and Led Us Astray by Nat Dyer

June 15, 2025 2

Book Review by Branko Milanović This is an extraordinarily difficult book to review. Not because the main thesis is unclear or because it is written in a too complex way but because it combines, in […]

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Article Ben Wray Bill Mitchell Book review Branko Milanovic Branko Milanović Chris Dillow Chris Hedges Corporate Europe Observatory Craig Murray Dean Baker DeStatis EU Europe European Union Eurostat Gaza Germany Gig Economy Project Glenn Diesen Heiner Flassbeck Israel John Mearsheimer Jonathan Cook Link Mathew D. Rose Michael Hudson Michael Roberts Middle East Eye Núria Bassa Palestine Patrick Cockburn Podcast Politico Reuters Richard D. Wolff Richard Murphy Russia Steve Keen Thomas Fazi Toni Strubell Ukraine Ukraine war United States Yanis Varoufakis

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