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Tag Archives: austerity and growth
The new UK Brexit cabinet looks good, – but for the sake of the world one can only hope it will fail
Tweet Observation on Theresa May Follow @NoahDenkt
Is there a correlation between suicide rates and austerity in Euroland?
It is not austerity politics but the inadequacy of the Euro for the Greek economy that accounts for the present rise in suicide rates in Greece. Continue reading
Despite all the unease over austerity politics voters ultimately endorse it
The result of the 2015 regional elections in Italy is in line with that of the recent parliamentary elections in the UK and the regional elections in Spain where voters expressed their frustration over the pain of austerity politics but ultimately endorsed the latter for want of a better alternative Continue reading
Another important chapter in the austerity revolution
The UK election of May 7 was first and foremost a national referendum on austerity politics. And in the confinement of their voting booth, voters probably realized that the tough cost cutting of the Cameron government is very likely the more responsible way to deal with the challenges of the future than the tax-and spend-approach that Labour and others were advocating for. Continue reading
How much money has actually flowed from Germany to Greece in the spirit of post-war reconciliation?
The latest Greek reparation claims show that countries such as Greece will never let Germany off the hook for its abominable past, no matter how much money German taxpayers are willing to spend on reparation. Continue reading
Accept a haircut in turn for a Grexit
The sad truth continues to be that Greece remains far, far away from being competitive enough to afford a Euro currency. Continue reading
Turmoil in the currency markets after Switzerland
Would people in France and Italy who feel bad about their current situation feel less bad if they had their own local currency back? Continue reading
Will France eventually leave the Euro project?
The outcome of Sunday Continue reading
Obamacare may not be the main problem, but the lack of structural reform is
The government shutdown in the US is less inspired by the aversion against Obamacare than by the fact that no meaningful structural reform in the US entitlement system has so far been undertaken. Continue reading
What has the University of Michigan done to stop Detroit
Shouldn’t a cutting-edge university like Ann Arbor have generated the entrepreneurs that would have averted Detroit’s bankruptcy? Continue reading
