Is The Monetary System Facing The Risk Of Recession?
The International Monetary Fund, other economic institutions, politicians, experts, and a good number of indicators predict a new economic downturn. The causes will be diverse
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The International Monetary Fund, other economic institutions, politicians, experts, and a good number of indicators predict a new economic downturn. The causes will be diverse
It’s a well-established fact that the eurozone as a monetary union is a weird animal. Among the main reasons that surely stands out is its
Ten years after the collapse of Lehman Brothers people are frequently asking themselves why the crisis has done so much to strengthen populism and nationalism everywhere
Recently more than 200 academics published an open letter in support of the demands for an economic system that abandons growth as its central objective.
In his recent op-ed and the associated working paper, Thomas Palley warns against the Ricardian vice of ignoring political-economy considerations when laying out policy proposals,
While it’s hard to come up with numbers, the delocalisation and outsourcing of production and other economic activities to low-cost countries have resulted in the
After the 2008 global financial crisis, a consensus emerged that the public sector had a responsibility to intervene to bail out systemically important banks and
Some progressive economists are now arguing for the idea of a Job Guarantee Program (JGP), and their advocacy has begun to gain political traction. For
In the aftermath of the 2008 financial crisis, some economists argued that the United States, and perhaps the global economy, was suffering from “secular stagnation,”
Joseph Stiglitz, the Nobel Prize winner for economics, has recently written an article titled “Can the euro be saved?”. He wrote: The euro may be
Defying common sense as well as business and financial elites, US President Donald Trump seems to relish the prospect of a trade war. On July
The UK’s exit from the EU means a contributions gap of an estimated €10-14 billion per year, around 7 percent of the EU Budget. Thereby,
Money matters. Money in national budget allocations determines who gets health care, who gets educated, who gets unemployment cover, which industries and companies are favored,
European integration began as a political project to institutionalize peace and cooperation, with the Coal and Steel Community the initial step. In the late 1980s
Social democracy has been – traditionally – in favour of internationalization. In overcoming nationalism, that internationalism symbolized both the openness of social democracy to people
After the European Commission’s state aid ruling on Ireland, both Apple and the Irish government assured us that Apple has paid tax at Ireland’s statutory