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One Schulz does not a federation make: Comment on Martin Schulz’s belated federalist speech

Summary:
Isn’t it remarkable how establishment European politicians speak common sense once they have lost power and are about to begin their long slide into oblivion? Martin Schulz just copied that pattern with his passionate federalist speech and his pronouncement that “the EU cannot afford another four years of German European policy à la Wolfgang Schäuble”. Pity that when his party was in government, and had the numbers in the Bundestag (in association with Die Linke and the Greens) to put an end to Schäuble’s throttling of Greece, which was Wolfgang’s signal to the rest of Europe that a federal-like union was out of the question, Mr Gabriel and Mr Schulz chose to play the ‘good cop’ alongside Schäuble’s bad cop.

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Yanis Varoufakis
An accidental economist Let me begin with a confession: I am a Professor of Economics who has never really trained as an economist. But let’s take things one at a time.

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