US economy mired in viral stagnation loop
The travails of the US economy come amid a politics never so poisonous since the civil war.
Economy
Social Europe is an award-winning digital media publisher driven by the core values of freedom, sustainability, and equality. These principles guide our exploration of society’s most pressing challenges. This archive page curates Social Europe articles focused on economic issues, offering a rich resource for innovative thinking and informed debate.
Public debt monetisation and the credibility of the ECB
What stops public debt being monetised to avoid the pain of prolonged austerity after the pandemic? An obsolete economic theory of ‘credibility’.
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.
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.
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.
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.
A global economy in uncharted waters
Governments must learn from the financial crisis if they are not to repeat the errors of the recovery from it.
Time to expose the reality of ‘debt market discipline’
As another sovereign-debt crisis looms, Adam Tooze warns against repeating the mistake of delegating to anonymised ‘markets’ accountable political choices.
Europe’s leaders must stem falling trust
A mass online survey across the continent has found Europeans reeling from the coronavirus crisis—and losing trust in their leaders’ ability to manage it.
The pandemic and the day after
Emergence from the coronavirus crisis cannot be to ‘business as usual’ but must urgently open a transition to socio-environmental sustainability.
If it comes with interest, it’s no recovery
EU leaders must not behave like generals fighting the last war. If the Recovery Fund is to be adequate to the challenge of the coronavirus crisis, this time must be different.
An investment plan for European reconstruction
Europe must look beyond keeping companies on life support and staunching national debts to a continent-wide reconstruction driven by public investment.