Finally a eurozone budget, probably the wrong one
A eurozone budget is an idea whose time, at last, may have come. But what is on the table contains familiar flaws.
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.
Europe’s Green Deal is turning red
The European Green Deal does not just aim at combating the climate crisis. It’s also an opportunity for social change.
Central-bank digital currencies: proceed with caution
Peter Bofinger argues that introducing central-bank digital currencies would need to be subject to very careful consideration.
The Manchester revolution
Paul Mason reimagines the Manchester of his birth in a postcapitalist age—and raises the challenge of getting there.
Our shrinking economic toolkits
For four decades, mainstream economists and policymakers have been wedded to fixed dogmas. Their blind belief in fiscal discipline threatens the very stability of societies.
Ireland’s recovery: from bust to buoyancy … to Brexit?
If procyclical domestic policies inflated Ireland’s economic bubble, procyclical austerity demanded by the troika which bailed it out makes Ireland’s recovery all the more remarkable.
Preventing digital feudalism
Reforming the digital economy so that it serves collective ends is the defining economic challenge of our time.
A Green New Deal beyond growth
A genuine European Green New Deal must place social justice and ecological protection ahead of fiscal discipline and economic growth.
Ireland’s route from boom to bubble to bust
Ireland’s volatile economic path of recent decades has wider European policy implications. Part one: the ‘Celtic Tiger’ and its demise
Should we worry about income gaps within or between countries?
The rise of populist nationalism throughout the west has been fuelled partly by a clash between the objectives of equity in rich countries and higher living standards in poor countries.
German rebalancing—out of exit options
The consensus against German fiscal rebalancing is cracking—because the export demand which allowed it long to be avoided is looking shaky.
Open letter to my German friends about the ECB policy
Guillaume Duval argues that Germany can see the end of ECB quantitative easing—if only it stops imposing austerity on the eurozone.
Top of Lagarde’s ECB to-do list: stop QE and democratise monetary policy
If Christine Lagarde is serious about greening the European Central Bank, she must not hide behind its mandate.
Mario Draghi and the Germans
Not only is German animus towards Mario Draghi misplaced, Peter Bofinger argues. His stewardship of the European Central Bank has been a boon for the largest eurozone economy.
Shadow of recession deepens over the eurozone
Some orthodox economists predicted fiscal austerity would build confidence and so foster recovery. Yet at the end of the lost eurozone decade recession looms once more.
The nationalisation of risk in the eurozone
As economic clouds darken once more, a eurozone without risk-sharing remains a eurozone at risk.