What stops public debt being monetised to avoid the pain of prolonged austerity after the pandemic? An obsolete economic theory of ‘credibility’.
Social Europe articles on the economy
Social Europe is an award-winning digital media publisher that publishes content examining issues in politics, economy and employment & labour. This archive brings together Social Europe articles on the economy.
The debt predators
The financial system has turned credit intermediation into a debt mint.
Pushing Europe’s economic levers for a greener world
The EU is reconsidering its approach to deforestation and palm oil. This could be a good thing.
‘Shareholder value’ versus the public good: the case of Germany
Support for companies amid the pandemic must come with social and ecological strings attached.
Time to tackle the tax dodgers
With some bailed out companies continuing to pay dividends, the focus should shift to making big corporations contribute to the cost of recovery.
Priorities for the Covid-19 economy
The most urgent policy priorities have been obvious since the beginning, but they will require hard choices and a show of political will.
No more free-lunch bailouts
With governments spending on a massive scale to mitigate the economic fallout from Covid-19, they should be positioning their economies for a more sustainable future.
Emerging stronger from the crisis
Europe needs to do more at federal level if a recovery plan is to be successful.
Let this time be different!
Europe needs a green industrial recovery strategy to exit the pandemic.
Seven ‘surprising’ facts about the Italian economy
Why would affluent northern-European taxpayers want to pour money into an Italian economy that is a basket-case? Except it isn’t.
Fiscal regimes and equality among states
Amid talk of a ‘Hamiltonian moment’, the Next Generation EU recovery fund recalls a later US Treasury secretary as a fiscal union emerges.
The Covid-19 crisis: inflationary or deflationary?
Peter Bofinger warns especially German inflation-phobes that deflation is a greater downside risk in the aftermath of the pandemic.
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