Latest
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Published in: HomeA Greek referendum was, in fact, a bad idea
A Greek referendum was not an excellent idea, whose implementation was prevented by its alleged opponents, as...
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Published in: HomeA Greek referendum WAS an excellent idea
There was for a moment a breath of democracy in the crisis of the European currency and an attempt at honesty. But...
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Published in: HomeThe road to Europe: can wage-setting save the monetary union?
The periphery and core countries of the EU have been locked for many years prior to the crisis into opposing...
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Published in: HomeInto Europe
Each EU country has a relationship to Europe which tells you about its own makeup, character and inclinations....
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Published in: HomeOrthodoxy is wrong: it can pay to default
In the 1990s, Argentina was an IMF poster boy, but it soon became a byword for the failures of the Washington...
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Published in: HomeEurope’s failure, and how to avoid it
The European Union’s combination of crises - of finance, politics, and identity - makes the once unthinkable a real...
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Published in: HomeGreece’s failed state and Europe’s response
Far more dangerous than the present financial crisis threatening the euro, Greece looks like a failed EU state,...
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Published in: openEconomyWill fiat currencies survive?
Money that is entirely created by government fiat celebrated its 40th birthday this summer. Are the inflation hawks...
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Published in: HomeThe road to Europe: the need for trans-European politics
The EU's crisis has been framed as an economic one, with the self-interest of individuals in nation states pitted...
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Published in: HomeCut the debt, cut growth?
Italy has just passed yet another austerity measure, enduring another batch of strikes and protests. Given the...
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Published in: openEconomyBlame the speculator, shoot the messenger: habits of the trapped politician
Sergio Bruno makes much of the recent rise in the cost of borrowing for the Italian government, blaming speculation...
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Published in: openEconomyMoney, public debt and the Euro: defences against fragmentation
Roger Scruton (Unreal Estates) argues for a remoralised economy in response to Europe's debt crisis. But this is...
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Published in: HomeThe road to Europe: the political battles ahead
Europe’s political landscape is marked by conservative governments and waves of anti-EU right-wing populism. A fully...
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Published in: HomeThe road to Europe: the eclipse of reason and democracy
The myths of monetary policy, the dangers of austerity, the need for a reconstruction of the real economy - these...
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Published in: HomeGermany: the beleaguered European island
Many outward economic indicators still tell a story of German success. Inside, there are many signs of a troubled...
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Published in: HomeThe road to Europe: reclaim economic policy
The European Union faces two economic problems; debt and growth. Do not let the supposed solutions of the first...
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Published in: HomeThe new road to Europe: ways out of the hydra-headed crisis
The European Union is uniquely placed to solve the problems that have been caused by the tensions and templates of...
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Published in: HomeThe road to Europe: What did not work? An interview with Giuliano Amato
“What we did has not worked. It has, at this point, become obvious to everyone that without greater economic and...
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Published in: openEconomyWhy the Euro is a force of political centralisation
This article was published 11 years ago in the Salisbury Review - then a small right-wing magazine edited by oD...
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Published in: HomeThe road to Europe: the return of the State
Too much economic activity in finance, too little investment for the real economy and society. Consumption falls,...