Should investment in a New Deal for Europe come from taxation or borrowing? Only the latter makes economic and political sense, argues James K Galbraith. Thomas Piketty and several colleagues have taken a shot at the European New Deal (END) of the Democracy in Europe Movement (DiEM25). Writing for DiEM25 last December, Yanis Varoufakis had […]
James K Galbraith
James K Galbraith is professor of government and chair in government/business relations at the University of Texas at Austin. He is the author of Inequality: What Everyone Needs to Know and Welcome to the Poisoned Chalice: The Destruction of Greece and the Future of Europe.