We Were Better Served By Old-fashioned Relationship-focused Bank Managers
When I was a schoolboy in Edinburgh in the 1960s, the head office of the Bank of Scotland was an imposing building on the Mound,
Labor Day: Good Time To Readdress Pay And Collective Bargaining
President Obama has belatedly awakened to the plight of America’s middle class whose economic fate is dependent almost entirely on wages. Taking a lead from
Euroland Has No Plan B: It Needs An Urgent Recovery Plan
At last, the eurozone economy appears to be experiencing some kind of recovery. GDP started growing again in the spring of 2013, following seven quarters
Democratizing The Eurozone
Like Macbeth, policymakers tend to commit new sins to cover up their old misdemeanors. And political systems prove their worth by how quickly they put
The European Union Needs To Redefine What It Means To Be A ‘Refugee’
EU member states will hold a meeting on 14 September to discuss Europe’s escalating migration crisis. As Christopher J. Ayres writes, the crisis has prompted
Labor Day 2028
In 1928, famed British economist John Maynard Keynes predicted that technology would advance so far in a hundred years – by 2028 – that it will
The Dialectics Of European Integration – A New Push For A Federal EMU?
Whatever else they might disagree about, just about everybody commenting on Europe agree about this: the succession of crises – financial, economic, fiscal, and now
Does Capitalism Cause Poverty?
Capitalism gets blamed for many things nowadays: poverty, inequality, unemployment, even global warming. As Pope Francis said in a recent speech in Bolivia: “This system is by
Did Socialism Keep Capitalism Equal?
This is an interesting idea and I think that it will gradually become more popular. The idea is simple: the presence of the ideology of
Why The Left Is Split Over Europe
How has opposition to the European Union changed in light of the Greek debt crisis, the UK’s planned referendum on EU membership, and the migration
Economic Recovery? Why Eurozone Under-performance Continues
Prior to the release of growth statistics in the middle of August there was widespread expectation that a sustained eurozone recovery would at last be
The Upsurge In Uncertain Work
As Labor Day looms, more Americans than ever don’t know how much they’ll be earning next week or even tomorrow. This varied group includes independent contractors,
Breaking Europe’s Migration Paralysis
For many centuries, Europe was a continent plagued by wars, famines, and poverty. Millions of Europeans were driven to emigrate by economic and social deprivation.
5 Things Everyone Should Know About Opinion Polls
1) Poll Results Are Snapshots, Not Predictions Public opinion is seldom fixed. Views change. Good polls tell us what people think at the time they
The Greek Plan For Growth & Recovery: Two Documents Tabled In May And June 2015
Now that Greece’s Third Memorandum of Understanding has passed (see here for my annotated version), after the SYRIZA government surrendered on 12th July 2015, it is perhaps of interest
Taking Corbynomics Seriously
Fiscal austerity has become such a staple of conventional wisdom in the United Kingdom that anyone in public life who challenges it is written off
The Euro’s Future Is Secure, But It May Not Be The One That We Expect
While the Greek crisis has occupied much attention in recent weeks, in terms of the Eurozone’s longevity, the Greek crisis will prove to be a