Reinhart and Rogoff – Debunking Austerity Research

Bob Pollin

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 [...]

Global Inequality In Perspective

wealth

We all know that global wealth in very unequally distributed but it is really difficult to show HOW unequal the planet we live on is and why this cannot be sustainable. In the video below, the campaigning group The Rules does a very good job in doing just this.

Why Inequality Is The Root Of The Crisis

p1

A very interesting video on the link between inequality and the origin of the financial crisis on The Real News. This is in line with recent research in Europe.

Willem Buiter On The Economic Prospects For The Eurozone

buiter

An interesting discussion at the Council on Foreign Relations. Willem H. Buiter, chief economist at Citigroup, discusses break-up risk, sovereign debt restructuring, bank creditor bail-ins, debt mutualization, austerity, and growth in the Eurozone.

Athanasios Orphanides: The Slow Death Of The European Project

Athanasios Orphanides

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.

Austerity Is Killing Europe

Krugman

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.

Ed Miliband Gets Tougher On Immigration

ed miliband

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 [...]

Panel On The Future Of Social Democracy

panel

Watch a panel of experts debate the future of social democracy. The discussion was recorded at the conference ‘The Future of the Left in Central Europe’, organised by the Friedrich-Ebert-Stiftung and CESTA in Prague on 21st November 2012. Unfortunately only the original audio was recorded so we only put the English speakers into the video, [...]

The Future of Social Democracy in Hungary

tibor szanyi

Watch Hungarian MP Tibor Szanyi discuss the future of social democracy in Hungary. The talk was recorded at the conference ‘The Future of the Left in Central Europe’, organised by the Friedrich-Ebert-Stiftung and CESTA in Prague on 21st November 2012.

What German Bankers think about the Eurozone Crisis

Michael Ash

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 [...]

What do you think of David Cameron’s Big Speech on Europe?

cameron

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 on the Prospects of Economic Recovery

Krugman

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 [...]