Fighting The Next Global Financial Crisis
What do people mean when they criticize generals for “fighting the last war”? It’s not that generals ever think they will face the same weapon
Why The Universal Basic Income Is Not The Best Public Intervention To Reduce Poverty or Income Inequality
There is no uniform interpretation of Universal Basic Income (UBI). The simplest definition may be that UBI is a public program in which the state
The Economic Consequences Of Brexit
Those campaigning for Britain to exit the European Union claim that doing so would make their country both freer and richer. They assert that after
Democratic Primaries In The Shadow Of Neoliberalism
The Democratic Party primary battle between Hillary Clinton and Bernie Sanders is being fought in the shadow of “neoliberalism” – in the shadow, that is,
Political Instability Stems From The Diminished Importance Of The Left-right Spectrum
Gordon Brown’s exchange with Gillian Duffy on the streets of Rochdale was a defining moment in the UK’s 2010 general election. It also revealed much
The ECB Grants Debt Relief To All Eurozone Nations Except Greece
It looks like Greece may get some debt relief. There is as yet no certainty about this because some German politicians continue to conduct rear-guard battles
The Case For Germany Leaving The Euro #Gexit
The case for or against a British exit from the EU – #Brexit – is headline news. For the moment the earlier quarrel about a
Helicopter Money: An Old Novelty
Times have surely changed: as little as three years ago, Quantitative Easing was considered a remote hypothesis, EU inflation was well over 2% and only
Europe Must Take Action To Protect LGBT People In The Workplace
17 May is International day against homophobia, transphobia and biphobia. Lesbian, gay, bisexual and transgender (LGBT) people face distinct disadvantages in the labour market ranging
Monopoly’s New Era
For 200 years, there have been two schools of thought about what determines the distribution of income – and how the economy functions. One, emanating
Greek Reforms Endorsed And Debt Relief Talks Launched
The outcome of the most recent Eurogroup meeting was a positive step towards the conclusion of the first review of the Greek program. The large-scale
Social Democracy Without Social Democrats? How Can The Left Recover?
UK Labour has suffered another bad set of election results. But the failure of Labour is not the fault of the Corbynites or the Blairites.
The Turkey Refugee Deal: Europe Sells Out
Europe’s refugee crisis is far from solved, but there are signs that the agreement finalized by the European Union and Turkey on March 18 is
EU Austerity And The Brain Drain From The South
The debate on the sustainability of the European single currency seems to have focused exclusively on the requirement that EU member states comply with the
Eurozone’s So-Called Recovery Masks A Dark Secret: Mercantilism
Broad opposition in Europe to the Trans-Atlantic Trade and Investment Partnership has prompted its supporters to summon the “protectionist” spectre. In response to the criticism
If Europe Takes Trade Union Rights For Granted… We Risk Losing Them
Why, in 2016, has the European Trade Union Confederation found it necessary to start ringing alarm bells in defence of basic trade union rights in
The Third Way: Share-The-Gains Capitalism
Marissa Mayer tells us a lot about why Americans are so angry, and why anti-establishment fury has become the biggest single force in American politics