Why The Super-Rich Need Governments
The very rich, F. Scott Fitzgerald famously wrote, “are different from you and me.” Their wealth makes them “cynical where we are trustful,” and makes them
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The very rich, F. Scott Fitzgerald famously wrote, “are different from you and me.” Their wealth makes them “cynical where we are trustful,” and makes them
The new European Parliament has to turn its attention to numerous pressing issues. I shall refer here to three of them: the socio-ecological transition, growing
The European welfare state and the European Union (EU) find themselves caught up in a double bind in the aftermath of the global financial crisis.
In 1914, as he was leading his men at the Battle of the Marne General Foch, the best of all the French fighting generals told
After the European elections, the World Cup became the new hot topic. Only insiders were interested enough to follow closely the selection process of the
When Franklin Roosevelt outlined his essential four freedoms in 1941 he was convinced democracy could only be defended and advanced beyond the remaining 11 democracies
Led by the IMF, the main body of mainstream economists is now aware of the danger that debt deflation is raising for several Euro Area
Joseph Stiglitz, who won the Nobel Prize in 2001 for his work on how markets work inefficiently was once asked about his opinion on austerity measures. “It
The EU is slowly recovering from a long period of financial instability and economic sacrifice that has pushed up unemployment to record-high levels and also
Many of those interpreting the results of the European elections claim to discern a fundamental disenchantment with Europe among its citizens. On this basis the
Germany’s first post-war Chancellor Konrad Adenauer is usually held to be the origin of an often-quoted phrase „Was kümmert mich mein Geschwätz von gestern?“. Roughly:
Globalization makes international collaboration more urgent; but it also makes it less likely to happen. Marketization requires social policy, not only to combat the negative
The recent European Parliament election results revealed a reality that is uncomfortable and challenging both politically and socioeconomically. At the political level, we are witnessing
Economists at DG ECFIN are starting to notice something we have pointed out already some time ago: Despite an enormous cut in wage costs, Greek
Today Europe is boredom… it is submerged by numbers and without soul. As long as Europe cares more about fishing rights than human beings swimming
Italy’s new PM Matteo Renzi has pledged to slash the country’s record unemployment with his American-branded ‘Jobs Act’. But his labour reforms, which will see
In one of the many memorable moments from “Yes, Prime Minister”, mandarin-in-chief Sir Humphrey Appleby suggests some “masterly inactivity” to a premier who is determined