As you may recall, I mentioned the theory that the credit boom and bust of the late 1920s and mid 2000s might have been driven by rising inequality that pushed individuals that turned out to be non-solvent to borrow to … Continue reading →
Thank you Cristiano!
Euro zone finance ministers agreed on Friday on a temporary increase in their financial rescue capacity to prevent a new flare-up of Europe’s sovereign debt crisis, but markets may judge it too small to be convincing. Austrian Finance Minister Maria … Continue reading →
Let us never forget this wonderful speech by Mrs. Thatcher (thank you to Giordano). Listen to it first. I use it since my colleague Fausto Panunzi seems to think that I am (a bit?) crazy saying that Mrs. Thatcher … Continue reading →
There is no traffic today while our car drives with ease toward the outskirts of one of the largest metropolis of the world to take me to the Pyramids of Teotihuacán, the first metropolis of the Americas. Its name was … Continue reading →
Domani in viaggio per il Messico, spengo il motore. Ci sentiamo domenica. Tomorrow travelling to Mexico. See you on Sunday.
“… society, in its many dimensions, also adapts to higher persistent unemployment. When unemployment and the proportion of long-term unemployed becomes high, society is compelled, mostly through the political process, to make life bearable… through unemployment benefits, safety nets, real … Continue reading →
I noticed with some delay the communiqué by EU ECOFIN meeting, EU’s 27 economy and finance ministers – which decided to give “further incentive” (so goes the title) to Hungary: “…. EU’s economy and finance ministers adopted a new recommendation … Continue reading →
Interesting information contained in the Benchmarking Working Europe 2012 of the European Trade Union Institute. Out of the many graphs, I looked with interest at the EWCS indicator, (which) measures workers’ autonomy in terms of a composite index based on workers … Continue reading →
Today at the School of Law of the University of Nottingham takes place the second Greek Public Policy Forum. Τhe “Greek Public Policy Forum” is an initiative led by a number of university scholars and more generally by people who … Continue reading →