In its attempts to rescue the euro, Germany is often seen as the odd country out. It blocks constructive solutions with its resistance to either using ECB funds or creating sufficiently large rescue ...
The Economy Brief is Euractiv's weekly economics news roundup. Welcome to Euractiv’s weekly Economy Brief. You can subscribe to the newsletter here. The EU’s economic policy of the past few years is a ...
At each stage of the euro crisis during the past two years, Chancellor Angela Merkel has seemed to do the absolute minimum needed to keep the single currency together – but no more. This minimalist ...
Economic power was used as a tool to further an ideology of hatred and destruction. This highlights the moral blind spots that existed within Ordoliberalism under the Nazi rule. When we think of the ...
With the EU agreeing to a second Greek bail out, the spotlight is on the delicate balance between demands for fiscal rectitude and the argument that growth needs flexibility. Berlin thinks the only ...
Regarding Joseph Stiglitz’s May 16 Thursday Opinion column, “Time’s up for neoliberals”: Mr. Stiglitz called for a progressive capitalism to counter the neoliberal doctrines fueling an antidemocratic ...
AMERICA’S FIRST Nobel Prize winner for economics, the late Paul Samuelson, was fond of saying that God gave economists two eyes and it was up to them to use them. The euro zone crisis is, among other ...
The Euro Trap: On Bursting Bubbles, Budgets, and Beliefs. By Hans-Werner Sinn. Oxford University Press; 380 pages; $45 and £25. Buy from Amazon.com, Amazon.co.uk The 13th Labour of Hercules: Inside ...
The most significant belief in ordoliberalism is that economies can absorb economic shocks as long as prices and wages adjust PERHAPS IT is time to learn to love the Germans a little more, or at least ...
The fate and future of liberalism is one of the central questions of our times. In the European context, nationalist and populist movements are challenging its central achievements: peace, economic ...
An economic ideology that views the the state as an institution that offers an appropriate legal framework for the efficient functioning of the market economy. It emphasises that the state has a ...