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
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
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
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
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
German Migration Policy: The EU Is The Solution, Not The Problem!
Today Germany’s migration policy is better than its reputation would suggest. It has improved considerably over the last 20 years, though it has suffered setbacks
A New Approach To Eurozone Sovereign Debt
Greece’s public debt has been put back on Europe’s agenda. Indeed, this was perhaps the Greek government’s main achievement during its agonizing five-month standoff with
Explaining The EU’s Politics Of Austerity
What is the logic behind austerity? The standard explanations given during the last five years do not hold solid ground. Many – including famous economists
How A Sovereign Insolvency Regime Would Polarise The Eurozone
Many economists advocate a sovereign insolvency regime to solve the problems that plague today’s Eurozone. If there were an orderly way to declare a government
The Work And Inequality Challenge Of The Digital Revolution: How Should Governments Respond?
After more than half a decade of debate dominated by the global financial crisis, 2014 saw a departure from this singular focus. Thomas Piketty started
The Unsettled Greek Revolution
While Syriza slowly recovers from the shock of the last few weeks, prime minister Alexis Tsipras is searching for a role. Greece after the referendum,