Varoufakis writes in ‘Project Syndicate’ on European capitalism, which is rich in terrestrial capital but has fallen behind the US and China in “cloud capital”.
Read the article HERE.
Yanis Varoufakis: Is Europe deindustrialising?
EU politics
Reuters: Furor erupts in Italy over euro zone bailout fund reform
Proposals to reform the euro zone’s bailout fund are creating a political storm in Italy, where parties and institutions are battling over whether Rome should try to block the reform at the EU level. Read […]
Economics
Bill Mitchell – US Federal Reserve statement signals a new phase in the paradigm shift in macroeconomics
For macroeconomics, we might think of progress as occurring one crisis at a time Read here
Austerity
Bill Mitchell – Data suggests a unilateral Greek exit would have been much better than their colonial future under the Troika
The damage done to Greece will not disappear – at least not for decades. Read here
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