Why Won’t Wages In Europe Rise As They Should?
The economic mainstream is perplexed: growth is finally taking hold across Europe, economic forecasts have been revised upwards, and employment is expanding. The only indicator
Why Are Illiberal Democrats Popular?
The rise of “illiberal democracy” in Europe is one of the most baneful trends of our time. These regimes are typically centered on a leader
A Big Legacy: Wealth In Europe
The material prosperity of people consists of two main resources: income and wealth. The possession of wealth, in particular, offers extended consumption options, can make
Riddle: When Is A Chlorinated Chicken Better Than A Regulated Banana?
Answer: When the chicken has been accepted in an across-the-table negotiation, and the banana regulation has been agreed among a group of partners on the
Beyond Fantasies Of Industry 4.0
As global capitalism advances through the second decade of the 21st century, three observations stand out: While the mainstream attempts to trivialize these as the
Germany’s New Power Of The Purse
Last week, German Foreign Minister Sigmar Gabriel interrupted his holiday on the North Sea to respond to Turkey’s jailing of a German human-rights activist. Gabriel
Away from Oil: A New Approach
The time of large SUVs is over: this is what experts in the automobile industry said in 2008, when the oil price was at its
The Ordoliberal Ghost
Driven by the politics of resolving the Euro crisis, ordoliberalism has sparked great academic interest in recent years. To many observers, this school of thought
Gender Pay Gap In Europe
Though the two principles “equal pay for equal work” and “equal pay for work of equal value” have been legally fixed with the European Treaty
The Wealth of Humans: Work, Power, And Status In The Twenty-first Century
Ryan Avent, thank you very much for joining us today. You’ve got a new book out entitled ‘The Wealth of Humans: Work, Power, and Status
Dutch Summer Festival: How Populism Is Mindf***ing And Fragmenting Traditional Politics
Why has the nationalist-populist tsunami, expected to win all 2016-2017 elections, so far been contained to the English-speaking world? This tidal wave peaked with Brexit
Inequality In Europe: What Can Be Done?
Since the 1940s, the Left in most western European countries has relied on a combination of four strategies to tackle inequalities in the distribution of
The Crisis Of The French Socialist Party: Does It Still Have A Future?
The 2017 presidential and legislative elections in France produced a complete renewal of the country’s political system, with a neophyte president in the shape of
The EU’s Avoidable Greek Tragedy
In June 2017, the Eurogroup of 19 EU finance ministers agreed to pay out the third tranche of €8.5 billion from the Greek bailout package.
Sweden: From Achievements To Uncertainty
A quarter of a century ago the economic policies of Sweden’s Social Democrats faced harsh criticism from political opponents as well as from academics. The
Europe’s Outcast: Cautioning Poland On The Rule Of Law
For years Poland was depicted as a success story in the great transformation of Central and Eastern Europe. A democratic system was built swiftly, with
The Inflation Target Trap
Central banks have a problem: growth in much of the world is accelerating, but inflation has failed to take off. Of course, for most people,