Understanding Today’s Stagnation
Ever since the ‘Great Recession’ of 2007-2009, the world’s major central banks have kept short-term interest rates at near-zero levels. In the United States, even
New Brussels Reforms: Path To More Austerity For Italy
New reforms for the Eurozone are in sight, ready to be implemented in the short term by taking advantage of the stronger than expected European
A Brexit Strategy For A Weak UK Government
As Prime Minister Theresa May seeks to form a new government, following an election in which her Conservative Party lost its parliamentary majority, she knows
Understanding The Digital Revolution And What It Means
The digital revolution, used here as shorthand for broader technological change, is one of today’s most hotly debated topics in politics, economics and business. It
The Human Economy: Creating Decent Livelihoods In Digital Capitalism
Ever since the Second Industrial Revolution petered out, global capitalism has faced a demand crisis. If you think that all we need now is to
Has The OECD Joined The Campaign For Higher Wages?
Weak wages produce a weak recovery Trade unions tend to see wages not as a factor of competitiveness but as an engine that drives demand,
The Eurozone’s Hidden Strength
For years, the eurozone has been perceived as a disaster area, with discussions of the monetary union’s future often centered on a possible breakup. When
Choosing An Ambitious Social Europe Via A Euro-dividend
One month ago, following a public consultation involving more than 16,500 participants drawn from civil society, the European Commission made public its reflection on the
The Macron Method
Emmanuel Macron’s election to the French presidency provides the European Union with an opportunity to move past the internal conflicts that have hastened its disintegration.
Confronting Europe’s Illiberals
European politicians have mastered the art of wagging their finger, most recently at Turkish President Recep Tayyip Erdoğan, Russian President Vladimir Putin, and US President
Rethinking German Economic Policy
When I was student at the LSE many years ago I shared lodgings with a German exchange student from the University of Munich, son of
Politics Returns: Global Clash Between Nationalism And Federalism
There is a striking analogy between the current global economic and political crisis and the world crisis that occurred between two world wars. Then the
Europe En Marche?
Average unemployment rates continue to fall across Europe, employment is growing again in middle-paying jobs, offshoring is on the decline, the proportion of routine jobs
Democracy Under Stress
Freedom House recently demoted the United States from top rank among the world´s democracies. The reasons given include ‘the cumulative impact of flaws in the
Has Populism Peaked?
After last year, when the United Kingdom voted to leave the European Union and the United States elected Donald Trump as president, xenophobic nationalism was
Progress Revisited
Nowadays, in times of the decline of modernity, progress no longer enjoys a good reputation. It has fallen short of expectations, is accused of producing
The Immigration Policy Turn: The Danish Social Democratic Case
The Danish Social Democratic Party (SD) has recently changed course on immigration policy in a more restrictive direction. This change of policy is marked and