The German saver is suffering! The European Central Bank ought to make policy for the Germans again! That naughty Mario Draghi; those poor Germans! Maybe we should just exit the EU; it’s en vogue at the moment, after all. Thus the lamentations sparked by interest rates on savings dropping to zero, and news that inflation […]
Trump’s Win Is A Warning: Europe Urgently Needs A New Deal
President Franklin D. Roosevelt’s policies allowed the United States to avoid the perils of right-wing populism that plunged Europe into war in the 1930s — Europe should learn from his example It is like a cruel remake: First came globalization with its ensuing golden years; then the crash followed resulting in the crisis of confidence and […]
A New Economic Paradigm To Fight Populism
If the polls tell the truth, 86 percent of the Austrian blue-collar workers voted for the right-wing populist Norbert Hofer in the Austrian presidential elections in May. In the presidential elections in France Marine Le Pen would have reached the final round already back in 2012, had it been up to the blue-collar workers. In the US, […]
The Right Incentives For A Low-Carbon Future
The climate agreement that world leaders reached in Paris last month has been widely celebrated for establishing the ambitious target of limiting the increase in global temperature to well below 2º Celsius above pre-industrial levels. But the agreement is just one step, albeit an important one. Policymakers now must figure out how to achieve this […]
The Financial Times Deutschland – Angela Merkel’s latest Victim
For three years the Financial Times Deutschland (FTD) offered the Chancellor its carefully considered suggestions for managing the crisis. And now the paper is folding, as a result of her failure to implement our recommendations in a timely manner. How unfair is that? Once it became clear that the days of the FTD were numbered, […]
All Content