Tag archive for ‘recovery’
Facing Up To Our Mistakes
Social democrats must be promoters of progressive change, not technocrats. It is remarkable how social democrats are discovering the European debate. After their disastrous election results, it seems that social-democratic party leaders, in their desperate search for explanation and orientation, have noticed for the first time that they are part of an already existing European [...]
Timing is NOT everything – Exit Strategies must also be credible and above all just
The battle-lines are already drawn up over when to begin withdrawing the stimulus measures that appear, for the moment, to have averted the widely feared global economic meltdown: on the one hand the inflation and deficit hawks who cannot wait for monetary policy to return to normal, and for fiscal policy to reign in the [...]
The Return of the Market Radicals
Apparently now is the time when market radicals dare to come out of the trenches again, not just in the Anglo-American sphere. An article by two German economists on the website of DER SPIEGEL (only in German, sorry) today made me want to bang my head against the wall. “The far-reaching application of short-term hours [...]
