Why The Eurozone Needs A Treasury
Slowly but surely a new consensus is emerging emphasizing the need for Europe’s currency union to organize public investment as a means to overcome its
Workplace Injury Insurance Must Be Part Of The Rana Plaza Legacy
In the months since the collapse of the Rana Plaza building in Bangladesh, which killed over 1,100 garment factory workers and injured some 2,500 more,
How Social Europe Is Destroyed – And What Can Be Done To Rebuild It
Once upon a time, the European Commission dreamt of making the European economy ‘smart’ – by investing in education, research and innovation -, more ‘sustainable’
The Single-Engine Global Economy
The global economy is like a jetliner that needs all of its engines operational to take off and steer clear of clouds and storms. Unfortunately,
Reinvigorating Social Europe: The Four Areas Of Conflict
After years of prioritising the reinforcement of economic instruments to meet European budgetary targets, the debate on Social Europe has lately enjoyed something of a
Why The Eurozone Is Once Again Staring Into The Abyss
Growth in the Eurozone has declined significantly over recent months, raising fears that Europe could be heading toward another economic crisis. Bob Hancké writes on what it
The Moral Economy Of Debt
Every economic collapse brings a demand for debt forgiveness. The incomes needed to repay loans have evaporated, and assets posted as collateral have lost value.
Why Current Global Inequality Is Unsustainable
Rising inequality is one of the most controversial issues in European politics. In an interview with EUROPP’s editor Stuart Brown, Danny Dorling discusses the problems posed by
Why Austerity Is Contagious
Austerity is contagious: The case of France France is finding itself between a rock and a hard place. On the one hand, with 54% of
Europe Is Back At Square One
Europe is back at square one. On the verge of a third recession in five years, the relentless tide is even crashing against the insurmountable walls of
The Spider Of Finance
The global system of financial regulation is extraordinarily complex. Partly for that reason, it is little understood. In order to explain it to my students
Minimum And Living Wages In Times Of Cuts
A few years ago, Richard Anker, a former ILO official, wrote an important paper on the historical evolution of the notion of ‘living wages’ and
The Economic Consequences Of Sex
Until recently, there has been very little analysis of women’s role in the economy. Two centuries ago, Mary Wollstonecraft published her proto-feminist A Vindication of the
The EU Recovery That Never Was
Economic recovery in the Eurozone is not delayed. It is non-existent. The Financial Times for the first day of October carried several articles assessing the
The Age Of Vulnerability
Two new studies show, once again, the magnitude of the inequality problem plaguing the United States. The first, the US Census Bureau’s annual income and poverty
Law And Solidarity: Reflections On August 1914
On the occasion of the centenary of the outbreak of the war in Europe, it is my great privilege to give this address to the
The ECB’s Faulty QE Weapon
The discussion has so far followed easily predictable national patterns: Creditor countries do not object to deflation, because it increases the real value of their