Thomas Fazi on Italy’s economic woes and the populist backlash.
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EU politics
Nicholas Vinocur: All hail Queen Ursula!
The fact that it will be a coronation for Ursula von der Leyen to secure a second term as European Commission President says a lot about the state of EU democracy. In Politico. Read the […]
Economics
EuroStat: Volume of retail trade down by 0.9% in the euro area and by 0.5% in the EU year on year
Among Member States for which data are available, the highest monthly increases in the total retail trade volume were registered in Germany (+1.9%), the Netherlands (+1.7%), Luxembourg and Poland (both +1.5%). The largest decreases were […]
Austerity
Bill Mitchell: Trickle down. Remember that. The evidence base continue to reject the notion as a scam
Trickle down. Remember that? This was the idea that if we redirect real income towards capital by boosting profits via real wage suppression and/or corporate tax cuts, as if by magic, corporations will start investing […]
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