The setbacks for centrist parties in the European elections showed that the EU’s crisis is anything but over. Yet the Left’s lack of strategy and identity has hobbled its ability to provide an alternative.
Read here
Economics
Chris Dillow: THE POLITICS OF DEBT FETISHISM
Politics is dominated by a “lumpen intelligentsia”: “earnest types who enthuse about ideas, simplify them and believe fervently that their crude and wholesale application will solve complex social problems.” Read here
Economics
Eurostat – Household real consumption per capita continues decreasing in both euro area and EU
Still does not sound like a V Recovery Read here
Climate Crisis
Bill Mitchell: A large government presence required for energy transition does not mean massive deficits are required
Massive government size does not necessarily mean massive fiscal deficits. Read HERE
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