Basic Income Pilots: A Better Option Than QE
With much fanfare, Mario Draghi announced on January 22 that the European Central Bank (ECB) would be pumping €60bn a month into the financial markets
With much fanfare, Mario Draghi announced on January 22 that the European Central Bank (ECB) would be pumping €60bn a month into the financial markets
How has the European Union’s influence on the global stage changed since the turn of the century? Douglas Webber presents findings from a study of Europe’s power
The Greek elections have thrown European politics into turmoil. How do you assess the election result? The majority of Greek voters have delivered a No
Radical left parties rarely get a chance to rule countries. On January 25th, SYRIZA became the first ever radical left party to win elections in
The 4th February late-night decision by the European Central Bank to reject Greek bank collateral for monetary policy operations will, I confidently predict, precipitate not
Of the many tough economic lessons from the latter part of the previous decade, the one about the unreliability of GDP size and growth rates
When the euro crisis began a half-decade ago, Keynesian economists predicted that the austerity that was being imposed on Greece and the other crisis countries
Europe’s citizens are torn between the European integration project, which requires market liberalization and competition rules promising greater welfare, and national welfare states, which are
How would you like to live in an economy where robots do everything that can be predictably programmed in advance, and almost all profits go
With the rise of parties on the far-right and radical left of European party systems, social democratic parties now face a challenge to retain their
If misperceptions solidify, they become a reality. This seems to be the biggest political risk of the euro crisis. As a German living abroad I
Following Syriza’s victory in the Greek elections on 25 January, a number of commentators have turned their attention toward Spain, where the left-wing Podemos, which
Jean-Claude Juncker received approval for his long-awaited investment plan at the European Council meeting on 18 December 2014, giving more details and clarifying some of
He came from Algeria seeking a better life, anticipating an escape from poverty, oppression, and hopelessness. In Paris, he found a low-skill job and had
With up to €60 bn of debt a month being bought for the next 19 months, the ECB’s programme of quantitative easing (QE) is massive.
It’s that Davos time of the year, when a bunch of powerful men gather in a luxurious Swiss ski resort to re-assure the 99% that
In 2014, the world economy remained stuck in the same rut that it has been in since emerging from the 2008 global financial crisis. Despite