Don’t Cry Over Dead Trade Agreements
The seven decades since the end of World War II were an era of trade agreements. The world’s major economies were in a perpetual state
It Can Happen Here! Why Donald Trump Affects Us All
In his 2004 novel The Plot against America, Philip Roth invoked the spectre of a fascist regime in the United States of America. Squarely in the
Italy On The Brink
Political instability in Italy is nothing new. But Italian voters’ rejection of constitutional reforms in a referendum has not only led Prime Minister Matteo Renzi
Europe And The Globalization Of Unrest
Donald Trump’s victory has sent the liberal world order into a tailspin. We are not just facing a wake-up call; this wave of authoritarian national
Brexit/Trump: Wake-up Calls For More Active EU
Can the EU recover from the Brexit shock, and what are the EU’s best options: more integration, less integration – or better integration? Brexit was
Greater Inequality Not Due To New Technology And Free Trade
A popular narrative today is that low-income groups in the western world have fallen behind owing to jobs lost to new machines and to low-paid
Preventing the Next Eurozone Crisis Starts Now
European leaders have devoted scant attention to the future of the eurozone since July 2012, when Mario Draghi, the European Central Bank’s president, famously committed to do “whatever
Migration Cannot Be Cast In Terms Of Individual Rights
The Jungle in Calais is closed and the deal with Turkey is in place. Is the refugee crisis over? Not at all. The refugee crisis
Britain And Ireland: Keeping Common Trade And Travel Areas
How does Brexit influence the economic and political development in Ireland, in your opinion? Well, it’s a major issue for us. Britain is Ireland’s largest
Secret For Business Success In Crisis Times? Trust And Dialogue
Europe has gone through significant economic change over the past decade. Businesses have had to manage unprecedented challenges posed by the financial crisis, globalisation and
Understanding Global Inequality
Branko Milanovic, what is your diagnosis of global inequality as it stands and where do we stand in historical terms? Yes, let me start maybe
Trump’s Win Is A Warning: Europe Urgently Needs A New Deal
President Franklin D. Roosevelt’s policies allowed the United States to avoid the perils of right-wing populism that plunged Europe into war in the 1930s — Europe
Labour Theory Of Value: A Primer
This is a different post from my normal posts. It is a primer and I must ask indulgence from many readers for whom this is
Winning An Election Does Not Entitle One To Upend Basic Values
I will never again use the term “political correctness.” Whatever rhetorical value the term may have once had is far more than offset by what
Interest Rate Rise Could Presage #Italeave
When it seemed the ECB had “hibernated” the spread in its balance sheet for good, back it comes. In recent weeks, the yield spread between