Austerity Is The Only Deal-Breaker
A common fallacy pervades coverage by the world’s media of the negotiations between the Greek government and its creditors. The fallacy, exemplified in a recent commentary by
A common fallacy pervades coverage by the world’s media of the negotiations between the Greek government and its creditors. The fallacy, exemplified in a recent commentary by
The UK general election was tumultuous and the results, particularly for Labour and the Liberal Democrats, disastrous. Of course, the position of Labour is better
With no agreement yet reached between Greece and its creditors, there are doubts over whether the country will be able to make a scheduled debt
The economic historian Niall Ferguson reminds me of the late Oxford historian A.J.P. Taylor. Though Taylor maintained that he tried to tell the truth in his historical
The tragedy of deaths at sea by refugees from the Middle East wars needs to be addressed resolutely. Europe cannot confront the problem with hesitant
In his First Inaugural Address, during the depths of the Great Depression, US President Franklin Delano Roosevelt famously told Americans that, “The only thing we have
In the years before the financial crisis of 2008, there was a significant reduction in overall EU wage inequality, driven by economic convergence between rich
Crisis inevitably has a negative outcome on society as a whole: not only does it help to increase social inequality, but it is a major
“We will cut spending but not as fast or as nastily as the Conservatives; we believe in a market economy but not very strongly.” These were
The United States and the world are engaged in a great debate about new trade agreements. Such pacts used to be called “free-trade agreements”; in
Months of negotiations between our government and the International Monetary Fund, the European Union, and the European Central Bank have produced little progress. One reason
On the 15th of April 1912 a cruise liner set sail from England to New York City. As is widely known, it collided en route
Recommendations on how to improve the working environment that are based on a limited number of studies can be misleading if there are flaws in
A deep crisis is paralyzing the societies of the West. The outsourcing of low skilled manufacturing to emerging economies has created a ‘precariat’ excluded from
Greece is again hovering at the exit door of the Eurozone; Scotland is again hovering at the exit door of the United Kingdom. The impetus
I will be writing about the Labour Party and its political soul-searching in the coming weeks. But I want to make a more general point
On the 70th anniversary of VE (Victory in Europe) Day the United Kingdom awoke to stark evidence it is in reality the Disunited Kingdom as