The Case For A Proper Macroeconomic Stabilisation Function For The EU
In the midst of continuing heavy discussions on future reforms of the European Monetary Union, the European Commission presented in May its long-awaited proposal for
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In the midst of continuing heavy discussions on future reforms of the European Monetary Union, the European Commission presented in May its long-awaited proposal for
Today’s profits are not tomorrow’s investments A picture can say more than a thousand words. This is certainly true for the set of graphs (see
The world is afflicted by problems that people experience in their daily lives: clean air in congested cities, a healthy and independent life in old
The majority of Italians want two things: new political leadership and the euro. The question is whether they can have both. The point about new
When Italy’s president recently vetoed the appointment of the Euroskeptic Paolo Savona as finance minister in the government proposed by the Five Star Movement-League party
The present debate about Karl Marx oscillates between historicising him as a figure of the distant past and applying his insights for a critical view of
I have already written before (in a tweet) that no one who travels through Western Europe, especially in Summer, can fail to be impressed by
Economists were certain that free trade would be a major source of general welfare enhancement. Resistance against it has been widely seen as irrationality driven
For decades, Western governments (and their economies) have been delivering real growth and economic well-being to their citizens. But changes that have occurred since the
Historians are often tempted to think that events of the past return to the present under new clothes in a cyclical way. The Greek historian
It is no secret that the Eurozone is not a complete Optimum Currency Area (OCA). Chief among its shortcomings is the uneven level of integration
Why is democracy under siege throughout the West? How much of the story is cultural or racial, and how much is economic? And can the
At a Nordic-Baltic Development Forum meeting, held in Riga some years ago, there arose a lively controversy on the relative merits of the Swedish (Nordic)
It has become conventional wisdom that low and stable inflation contributes to economic stability and most central banks in the advanced nations pursue some type
A high-profile United States trade delegation appears to have returned empty-handed from its mission in China. The result is hardly a surprise, given the scale
Given the scale of poverty and inequality in contemporary Britain (and indeed in the United States), no right-thinking person can presumably be fully happy with