Oh I just read a fantastic paper. By Harvard’s Aghion (one of Hollandes’ advisors, I believe), Persson and Rouzet. It speaks to my heart, a bit bleeding for my poor country, fretting between a glorious even recent past and an inglorious … Continue reading →
So M. Hollande has yet to come into power in France and his agenda is already dictated, obviously by those that are scared by his pseudo-Keynesian agenda on larger public spending. The latest (of the several) quotes: Spending on infrastructure – … Continue reading →
The new semi-annual ECB report, the Survey On The Access to Finance of Small and Medium-Sized Enterprises in the Euro Area – October 2011 to March 2012 – is out. Just take a peek. It divided problems for SMEs and … Continue reading →
Joseph Martin “Joschka” Fischer is a German politician of the Alliance ’90/The Greens. He served as Foreign Minister and Vice Chancellor of Germany in the cabinet of Gerhard Schröder from 1998 to 2005. Fischer has been a leading figure in … Continue reading →
“Syntgama” is a Greek word for “constitution”. Syntagma Square, lies in front of the Greek Parliament. A 77-year-old Greek man has committed suicide in central Athens in Syntagma Square, shooting himself with a handgun in apparent financial desperation. The man … Continue reading →
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 →
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 →
“… 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 →
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 →