Tag Archives: Europe

By Alberto Caruso, Thomas Hasenzagl, Filippo Pellegrino, Lucrezia Reichlin This post first appeared at Vox. Recent data releases related to the Eurozone have been disappointing. This column argues that momentum from the long-delayed 2014-15 recovery is faltering because the Eurozone economy is affected, with a lag, by the US slowdown. The traditional, lagged relationship between the EZ and US business cycles – which disappeared in the aftermath of the Global Crisis – is now reasserting...

In-depth analysis on Credit Writedowns Pro. You are here: Political Economy » Britain, Brexit, and sovereignty By Marc Chandler originally posted at Marc’s blog, Marc to Market As the European Union grew, the unanimity in decision-making increasingly gave way to qualified majority voting.  This development took away an important weapon the UK deployed to pursue its national interest.  It use often to frustrate the collectivist decision-making in Brussels and...

An International Monetary Fund study is gushing over the benefits of 1.1 million new migrants in Germany.Why, you ask?Once you put aside the minor point about a temporary boost to GDP, we get to the real issue: according to the pro-business IMF, Germany can get migrants into jobs in the coming years by ramping up “labor-market flexibility” – which is nothing but neoliberal code for smashing up what’s left of German labour market regulations and trade unions, since unhinged neoliberal...

In the latest of his excellent reports for the BBC on the refugee crisis in Europe, Feargal Keene focuses on the plight of children. A baby, only a month old, makes the hazardous crossing from Turkey to the Greek island of Lesbos. Little children, freezing cold and wet through, climb the muddy path up from the beach. Volunteers from many nations provide food, blankets and medical care for these tiny lives.But Lesbos is only the start of their journey, And in Europe, it is winter. Across the...

Steve Keen speaks below on the catastrophe that is the Eurozone, and this is lecture 7 that is part of Keen’s course at Kingston University in the UK.[embedded content]

... will this, admittedly amongst other issues, have a great deal to do with it?The situation in Calais is extraordinary: it is now being described as a “war zone.”This is the European Union today: its policies have caused a breakdown in law and order so bad that many ordinary working people driving trucks between England and France can’t do their jobs properly and fear for their lives.The documentary below illustrates this, although it fails to ask the tough question: how many are just...

[embedded content]For christ’s sake, I have genuine sympathies for real refugees (especially women and children), but what country could tolerate this level of lawlessness without serious political consequences? If you want to know why the Sweden Democrats, the Danish People’s Party, the Dutch Party for Freedom (PVV), the Freedom Party in Austria, the French National Front and UKIP are soaring in popularity, then look no further.A breakdown of law and order like this is what angers people and...

And I hope more and more left-wing people can see this now. Look at some of the news from Europe in recent days. This in Sweden is just a recognition of reality.Unfortunately, people in Sweden and throughout the EU have failed to realise that the evidence is strong that most of the migrants coming into Europe this year are not genuine refugees, but merely economic migrants. Europe cannot take in 1 million or 1.5 million people a year for the foreseeable future when most of these people are...

An interesting interview here with Yanis Varoufakis.[embedded content]Now although I do admire Varoufakis, especially for his excellent attack on Postmodernism described here, I see some very troubling points here about Marxism.Varoufakis says that Marxism is libertarian in some sense, and it is true that Marxism’s ultimate aim was a stateless, utopian paradise. But (as far as I can see) that is not the sense in which Varoufakis calls himself a “libertarian.” For Varoufakis goes on to say...

<br /> Lecture at the Renner Insitute in Vienna, October 6.