Germany sticks to its mercantilist model
In a recent LSE blog, (reproduced here), Donato Di Carlo presents empirical evidence for what he considers a ‘quiet rebalancing’ of the German economy. Using
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In a recent LSE blog, (reproduced here), Donato Di Carlo presents empirical evidence for what he considers a ‘quiet rebalancing’ of the German economy. Using
In the second quarter of 2018 global debt reached a new peak, climbing to 260 trillion dollars ($260,000 billion). At the same time, the global
There was a time, not long ago, when most economists did not consider inequality in the distribution of income and wealth all that important. True,
Growing inequality between eurozone members is one of the least welcome legacies of the euro- and sovereign debt crisis. The idea that the less well-off
Why has migration become such a big problem? Many reasons can be adduced: the war in Syria, the integration of Eastern Europe, lack of new
A gang of bankers and lawyers has plundered the treasuries of eleven European countries. The estimated damage from what is known until now: over 55
Ireland has been subject to a great deal of international criticism of its corporate tax regime. While Irish people might feel defensive about this, there
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
In the acres of recent coverage about the causes of the Lehman Brothers collapse and how to ensure it doesn’t happen again, there was much
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,
Ever since the financial and sovereign debt crisis, the political and economic implications of Germany’s unbalanced economy have lured the attention of academics, policy institutions, the public
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