The German Minimum Wage Is Not A Job Killer
Mainstream economists excel in scaremongering about the dismal effects any policy that tries to correct market forces may have on economic performance. By arguing that
Politics
Analysis and debate on European and national politics, democracy, the rule of law, parties and elections, and Europe’s place in the world.
Labor Day: Good Time To Readdress Pay And Collective Bargaining
President Obama has belatedly awakened to the plight of America’s middle class whose economic fate is dependent almost entirely on wages. Taking a lead from
Democratizing The Eurozone
Like Macbeth, policymakers tend to commit new sins to cover up their old misdemeanors. And political systems prove their worth by how quickly they put
Labor Day 2028
In 1928, famed British economist John Maynard Keynes predicted that technology would advance so far in a hundred years – by 2028 – that it
The Dialectics Of European Integration – A New Push For A Federal EMU?
Whatever else they might disagree about, just about everybody commenting on Europe agree about this: the succession of crises – financial, economic, fiscal, and now
The Upsurge In Uncertain Work
As Labor Day looms, more Americans than ever don’t know how much they’ll be earning next week or even tomorrow. This varied group includes independent
Breaking Europe’s Migration Paralysis
For many centuries, Europe was a continent plagued by wars, famines, and poverty. Millions of Europeans were driven to emigrate by economic and social deprivation.
5 Things Everyone Should Know About Opinion Polls
1) Poll Results Are Snapshots, Not Predictions Public opinion is seldom fixed. Views change. Good polls tell us what people think at the time they
The Greek Plan For Growth & Recovery: Two Documents Tabled In May And June 2015
Now that Greece’s Third Memorandum of Understanding has passed (see here for my annotated version), after the SYRIZA government surrendered on 12th July 2015, it
German Migration Policy: The EU Is The Solution, Not The Problem!
Today Germany’s migration policy is better than its reputation would suggest. It has improved considerably over the last 20 years, though it has suffered setbacks
Explaining The EU’s Politics Of Austerity
What is the logic behind austerity? The standard explanations given during the last five years do not hold solid ground. Many – including famous economists
How A Sovereign Insolvency Regime Would Polarise The Eurozone
Many economists advocate a sovereign insolvency regime to solve the problems that plague today’s Eurozone. If there were an orderly way to declare a government
The Unsettled Greek Revolution
While Syriza slowly recovers from the shock of the last few weeks, prime minister Alexis Tsipras is searching for a role. Greece after the referendum,
Germany In, With And For Europe
The following is the transcript of a speech former German Chancellor Helmut Schmidt held at the party congress of the SPD in Berlin on 4th
The End Of Work As We Know It
In 1983, the American economist and Nobel laureate Wassily Leontief made what was then a startling prediction. Machines, he said, are likely to replace human
How The German Government Gained 100bn From The Greek Crisis
I have long been mulling over how much money the German government has actually saved as a result of the Greek/Eurozone crisis. It has been