SE Blogs

Our blogs are short commentaries on current affairs issues.

An EU Perspective On Wage Inequality

Enrique Fernández-Macías

In the years before the financial crisis of 2008, there was a significant reduction in overall EU wage inequality, driven by economic convergence between rich and poor Member States. The 2008 crisis reversed the trend, expanding pre-existing wage differentials between countries. The impact of the crisis on wage inequalities within countries has also varied greatly […]

On Niall Ferguson Blaming Keynes

Simon Wren-Lewis

A few people have asked me to respond to this FT piece from Niall Ferguson. I was reluctant to, because it is really just a bit of triumphalist Tory tosh. That such things get published in the Financial Times is unfortunate but I’m afraid not surprising in this case. However I want to write later about something else […]

Crisis: A Bloody Sacrifice

Carlo Bordoni

Crisis inevitably has a negative outcome on society as a whole: not only does it help to increase social inequality, but it is a major cause of devastating personal tragedies. Economic collapse, job loss, the inevitable family problems, the stress and the state of deep depression, social disadvantage and marginalisation that results from all of […]

Early Childhood Care: Getting It Right From The Start

Daniel Molinuevo

Recommendations on how to improve the working environment that are based on a limited number of studies can be misleading if there are flaws in these studies. It may also be difficult to interpret their results as a whole. Moreover, in the field of early childhood education and care, most of the studies used to […]

What Went Wrong For Labour In The UK Election?

Henning Meyer

I have hardly slept since yesterday evening and have been glued to the TV and laptop screens to watch the events of the most unpredictable UK general election in generations unfold. There has been hectic soul-searching after the resignation of Labour leader Ed Miliband earlier today about what went wrong. Before going into the weekend […]

TTIP And The War Of Trade Models

Dani Rodrik

There is an interesting debate going on in Europe about the likely consequences of the TTIP (Transatlantic Trade and Investment Partnership). Much of the real debate is (or should be) about the proposed Investor-State dispute resolution (ISDS) and the desirability of regulatory harmonization when nations have different preferences about how these regulations should be designed. […]

Greece And Germany: What Are The Real Political Issues?

Gesine Schwan

At the World Bank spring meeting in Washington federal finance minister Schäuble let it be known – almost in passing – that the Greek government had until the end of June to confirm what reforms it would make. Up till now, people had talked of the end of April as the deadline, previously of mid-March. […]

A High Seas Disgrace That Should Shake Us Into Action

Javier Lopez

Europe cannot afford the shame of doing nothing while thousands of migrants die in the Mediterranean simply seeking a better life. There have been more than 1000 deaths in the past few days alone. What northern Africa is currently going through is the biggest refugee crisis since World War II. If the European institutions do […]

From Val Duchesse To Riga: How To Relaunch Social Dialogue?

Christian Welz

The new European Commission (EC) under President Jean-Claude Juncker is committed to re-launching social dialogue and a first step was taken with the organisation of a high-level conference in Brussels on 5 March. The aim of the conference was to discuss concrete ways to strengthen social dialogue with EU cross-industry social partners and their national […]

The Rule Of Robots In Stiglitz And Marx

Branko Milanovic

It is always instructive to speak to Joe Stiglitz. In a conversation in Paris which we had after his talk at the INET conference, he pointed out that the elasticity of substitution between capital and labor greater than 1 (which is often assumed by Piketty in his “Capital in the 21st century”), combined with technological progress […]

Labour Market Deregulation and Productivity: IMF Finds No Link

Ronald Janssen

New research by IMF staff has found there is no evidence that reforms that deregulate labour markets have any positive impact on increasing the economy’s growth potential. As labour market deregulation has been a key ingredient in the IMF and troika’s financial bail-out programmes in several European member states, this raises serious questions about the […]