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 seemingly strong government action in…
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“Don’t get mad, get even.” That aphorism needs to become the new norm in democratic politics across Europe, Latin America, Asia, and Africa. Rather than complaining about populist successes, established…
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 just a run on Greek…
After last year, when the United Kingdom voted to leave the European Union and the United States elected Donald Trump as president, xenophobic nationalism was beginning to seem irresistible. Yet…
Sending a Message In Chapter 5 of the Book of Daniel in the Old Testament of the Judeo-Christian Bible, mysterious writing begins to appear on a plaster wall during a…
Populisms and Technocracies: mastering the art of evoking fears In Europe, home to one of the most ambitious political and institutional experiments in recent history, the European Union, populist movements…
The notion of the credibility of policy-makers and how that creates incentives for the private sector to consume, save, invest and innovate is at the core of much of modern…
What can an elected left-wing European government do when faced with imposed austerity? Redefining austerity can bring a turnaround.
Funding an ecological transition in Europe via ‘green money’ bonds would be economically justifiable.
A few days ago the Italian government objected to the way that putative technocrats at the European Commission calculated their country’s “structural deficit”. To all but the few familiar with…
To understand the results of the Italian general elections, one needs look no further than the vote distribution in Milan: the Democratic Party (PD) – the nominal Left – scored…
Uncoordinated decentralization in collective bargaining can allow companies to reach deals of their own with workers rather than being forced to comply with multi-employer industry-wide agreements negotiated by representative trade…
Can Emmanuel Macron succeed in reforming the European Union and the Eurozone? The European question was already central to the French Presidential campaign itself: the prospect of a Frexit raised…