The Political-Economy Fallouts Of Universal Basic Income Schemes
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,
People’s Vote On Brexit: Be Careful What You Wish For
When thinking about Brexit and Europe, we should remember the words of Hans Magnus Enzensberger: short term hopes are futile – long term resignation is suicidal.
Can Trade Agreements Be A Friend To Labour?
Labour advocates have long complained that international trade agreements are driven by corporate agendas and pay little attention to the interests of working people. The preamble of
Europe Must Target Demand To Fight Sex Trafficking
Sex trafficking is big business. The ILO estimates that global sex trafficking generates $99 billion in profits every year for traffickers. It’s an exploitation industry
Why Macron’s ‘Third Way’ Is EU’s Best Option
The largest question in democratic politics in Europe is: who’s in charge? The issue was illuminated in the latest standoff in the European Parliament, where
Do Capitalists Still Need Consumers?
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
Europe’s Populist Fifth Column
European security currently rests essentially on the NATO alliance and the principle of mutual defence, and on cooperation between national intelligence services working to prevent
Who Really Creates Value In An Economy?
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
Job Guarantee Programs: Careful What You Wish For
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
The Next Crisis Will Be Worse Than The Financial One
Economists have been pretty silent over the summer. It has probably been too hot to come up with new ideas. Generally speaking, most of them
The Pursuit Of Democracy And Progress In Romania
The protest that took place in Bucharest on August 10 brought Romania into the spotlight again. What drew attention even more was the unprecedented violent
Dark And Disturbing Days For Sweden
With almost all votes counted, the most evident Swedish election result is political uncertainty. Clearest winners are parties with a distinct stance on migration –
Europe Could Miss Its Opportunity For Political Realignment
“There are two sides at the moment in Europe. One is led by Macron, who is supporting migration. The other one is supported by countries that
Sweden: Forging New Alliances Under Duress
Ahead of Sweden’s autumn general elections support for the populist, far-right Swedish Democrats is surging, and traditional patterns of party collaboration are in flux. Is
The Myth Of Secular Stagnation
In the aftermath of the 2008 financial crisis, some economists argued that the United States, and perhaps the global economy, was suffering from “secular stagnation,”