The Future Of The Captured State
Concerns about state capture are nothing new. Special interests hold undue sway over official decision-makers in many countries, and regulators are always prone to see
Why The Left Must Address Inequality And Poverty
Gently, slowly one can sense the terms of intellectual trade changing. The long era of individual accumulation with the massive transfer of power from the
Why The Future Of Social Europe Lies In The Member States
Unlike the simple anti-EU rhetoric of populist parties, those parties who take a more moderate stance towards the EU face a difficult task in the
Some Reflections On Thomas Piketty’s ‘Capital’
Thomas Piketty’s Capital in the Twenty-First Century is a six hundred and eighty-five page tome that definitively characterizes the empirical pattern of income and wealth
Losing Interest
Two of the world’s most prominent economic institutions, the International Monetary Fund and Former US Treasury Secretary Larry Summers, recently warned that the global economy may
Ten Steps To Revive The European Economy
Economistas Frente a la Crisis (Economists Confronting The Crisis) is a group of Spanish economists founded in 2011, who refuse to remain indifferent to the
On The Alleged Pains Of The Strong Euro
Since its most recent low of $1.20, reached in the heat of the summer of 2012, the euro has appreciated by 15 percent against the
Will Vladimir Putin Bolster The Eurozone?
Jacek Rostowski, Poland’s finance minister until last November, recently suggested that Russian President Vladimir Putin would not have dared to annex Crimea if he had
Electoral Bloodbath For Dutch Labour
The Dutch Labour party (PvdA) is in a coalition government with the conservative-liberal political party (VVD) of Prime Minister Mark Rutte: recent local elections saw
Zygmunt Bauman’s Warning From History
We are about to enter into a sobering period reminding us of the human capacity for destruction and devastation. As we begin to commemorate a
Why Are Rich Countries Democratic?
When Adam Smith was 22, he famously proclaimed that, “Little else is requisite to carry a state to the highest degree of opulence from the
The Wolves Of Wall Street
“What a commentary on the state of twentieth-century capitalism,” mused “motivational speaker” Jordan Belfort as he looked back on his life of fraud, sex, and
Urbanisation And Globalisation
The phenomenon we have been witnessing for some time now looks more and more like an industrial revolution overturned. Vast masses of migrants converge on
Youth Unemployment – How Do The Austrians Do It?
In 11 EU member states youth unemployment is over than 25% and it is 49% or higher in Croatia, Spain and Greece. This fact is
Chancellors, Fools And The UK Recovery
I grew up in Texas where state and local judges are elected, not unusual in the United States. In most states minimum legal qualifications are