Tag Archives: Politics and Economics

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Saturday evening musings. Interesting in that it ties together politics and economics, and not the way political economy does either.Global InequalityHow is the world ruled?Branko Milanovic | Visiting Presidential Professor at City University of New York Graduate Center and senior scholar at the Luxembourg Income Study (LIS), and formerly lead economist in the World Bank's research department and senior associate at Carnegie Endowment for International Peace

Courtesy of opendemocracy.net, here is the transcript of my speech of 29th January at the House of Commons. The theme? How should Jeremy Corbyn’s Labour Party secure a progressive Brexit consistent with a socialist agenda for the UK but also with DiEM25’s campaign to democratise Europe. The main reason I am here, I believe – I’m going to add back into Chuka’s account a few wrinkles that he omitted out of...

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Why ‘Bloody Sunday, Brexit & The Democratic Process’ ? Much like many other parts of the world at that time, the North of Ireland was undergoing a process of profound political change in the early 1970’s.  By the time January 1972 came around the Northern Ireland Civil Rights Association (NICRA) had already been holding peaceful protests and marches for close on 4 years. From the outset the Northern state...

How might opposing schools of economic thought – from neoclassical and Keynesian to Libertarian and Marxist, view Christmas presents? Levity aside, the answer reveals the pompousness and vacuity of each and every economic theory. ATHENS – To welcome the New Year with a cheeky take on the clash of economic ideologies, how might opposing camps’ representatives view Christmas presents? Levity aside, the answer...

In an exclusive interview with WIRED, Yanis Varoufakis discusses Bitcoin’s bubble, the fantasy of apolitical money and the opportunities for the blockchain to reform Europe. By TOM UPCHURCH Saturday 23 December 2017 When I first met Yanis Varoufakis in the summer of 2014, he was a highly respected but relatively obscure economist. Back then, the price of one bitcoin fluctuated around $440. Fast-forward three...

ATHENS – The Anglosphere’s political atmosphere is thick with bourgeois outrage. In the United States, the so-called liberal establishment is convinced it was robbed by an insurgency of “deplorables” weaponized by Vladimir Putin’s hackers and Facebook’s sinister inner workings. In Britain, too, an incensed bourgeoisie are pinching themselves that support for leaving the European Union in favor of an inglorious...

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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...