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Tag Archives: Box0_TOP_ENG

Was defeat inevitable? A review of Adam Tooze’s meta-review of ‘Adults in the Room’ [1]

To read one excellent review of one’s book is a joy. To read an engaging and deeply thoughtful review of different categories of reviews of one’s book is a rare privilege. Normally, I should have left matters there, enjoying the diversity of opinion that Adults in the Room engendered. But this is not an academic book whose work is done. Its subject-matter concerns really suffering people and a continent – Europe...

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“BREXIT: What must be avoided and what must be done, now!” – Speech at the Royal Society, London, 7 NOV 2017

No venue is better suited for a detoxifying discussion on Brexit than The Royal Society, whose motto (Nullius In Verba – On No One’s Word) ought to be the foundation of all rational debate. I was, thus, moved and deeply honoured by the EEF’s (*) invitation to deliver their annual lecture on Brexit in The Royal Society. To listen to the talk, which I delivered in the evening on 7th November 2017, click media...

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Why Europe Needs a New Deal, Not Breakup – op-ed in The Nation, with James K. Galbraith

The American New Deal of Franklin Roosevelt’s first two terms combined the goals of financial stabilization, reconstruction, conservation, and employment—jobs for the jobless; public works; power systems and new industries, especially in the South; soil conservation and reforestation to battle the Dust Bowl; and a potent mix of regulations and insurance to assert public power over high finance. Europe today...

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Greece’s Perpetual Crisis

ATHENS – Since the summer of 2015, Greece has (mostly) dropped out of the news, but not because its economic condition has stabilized. A prison is not newsworthy as long as the inmates suffer quietly. It is only when they stage a rebellion, and the authorities crack down, that the satellite trucks appear. The last rebellion occurred in the first half of 2015, when Greek voters rejected piling new loans upon...

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A New Deal to Save Europe

LONDON – “I don’t care about what it will cost. We took our country back!” This is the proud message heard throughout England since the Brexit referendum last June. And it is a demand that is resonating across the continent. Until recently, any proposal to “save” Europe was regarded sympathetically, albeit with skepticism about its feasibility. Today, the skepticism is about whether Europe is worth saving. The...

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