The Real News Network has a very interesting interview with Professor Robert Pollin of the University of Massachusetts, Amherst, one of the academics who debunked the research by Reinhart and Rogoff claiming that once countries pass a 90% debt to GDP ratio growth drops off significantly. If you haven’t yet heard the main arguments against [...]
From Bloomberg: Athanasios Orphanides, former governor of the Central Bank of Cyprus, talks about a proposed unprecedented levy on Cyprus’s bank deposits and the potential impact on Europe’s financial system. Orphanides speaks with Tom Keene and Sara Eisen on Bloomberg Television’s “Surveillance.” Megan Greene, chief economist at Maverick Intelligence, also speaks.
There was a very interesting debate on Channel 4 News in the UK about the repercussions of austerity in Europe and the UK. Paul Krugman, Guy Verhofstadt and Matthew Hancock took part. The result: austerity does not work and the UK government is more and more desperate in its attempt to justify its failing policies.
In a party political broadcast of the UK Labour Party (see below), Labour leader Ed Miliband announces a tougher stance on immigration. Stating that the last Labour government got it wrong he called for ‘maximum transitional controls’ for new EU member states. This has to be seen against the backdrop of the irrational campaign that somehow [...]
There was a very interesting interview on the Real News Network about the behaviour of German bankers in the Eurozone crisis. The interview partner was Michael Ash, Professor of Economics and Public Policy at the University of Massachusetts, Amherst. he concluded that German bankers can be ruthless bill collectors, wild speculators, social planners and austerity hawks [...]
Well, it’s hard to think anything at the moment as the speech will only be delivered on Friday (even though the main points have long been leaked). However, this Taiwanese animation is a very funny description of the situation and might keep you entertained until the big day. Thanks to Jon Worth for sharing this [...]
Paul Krugman has recently given an extended interview on his view on depression economics on the Bill Moyers show in the US. The channel described the programme as follows: Nobel Prize-winning economist and New York Times columnist Paul Krugman argues that saving money is not the path to economic recovery. Instead, he tells Bill, we [...]