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Germany doesn’t want to save Greece. It seems to want to humiliate Greece.

Greece has offered an almost unconditional surrender on its bailout, but Germany might not accept anything less than a Carthaginian peace. In other words, a deal that not only forces Athens to submit, but also humiliates it in the process.<p>This latest melodrama, playing out in Brussels as European …

Seymour Harris on Post War Public Debt

Seymour E. Harris, 1897-1975<p>Seymour Edwin Harris was one of the pioneers of Keynesian economics in the US. He worked in the Office of Price …

US Interstate Transfers and the Euro Crisis

by Nathaniel Cline and David Fields<p>It is recognized among heterodox economists that the fiscal crisis some Eurozone countries faced (and are facing) …

Buracos na Estrada

Estado social, proteção social, segurança social, rendimentos, pensões,pobreza, exclusão social, desigualdades, políticas públicas, austeridade, …

Os 50 Melhores Filmes da Esquerda

Cinema e socialismo foram colegas de escola no princípio do século XX. Às vezes juntos, cresceram, apaixonaram-se, magoaram-se, desiludiram-se e …

11/25 Event, Last Chance for Books, Posters

The first wave of Jacobin books will be released in early March 2014, with several more to come.<p>{{ login_error }}<p>Email<p>Password<p>Forgot Password Icon …

In clearest statement yet, Tsipras says he'd keep euro

Free Access<p>Read some of our analysis for no charge<p><i>By signing up to MacroPolis, readers will be able to read four of our articles without charge each</i> …

Euro

Germany is a weight on the world | Financial Times

The criticisms that hurt are those one suspects might be fair. This might explain the outrage from Berlin last week over the criticism by the US …

Economics

Germany rebuffs US Treasury criticism | Financial Times

Germany has struck back at the US Treasury after it became the target of an unusual swipe in a report blaming the eurozone’s biggest economy for …

Economy

Europe is a currency saint but an egregious demand sinner

This year’s burst of euro strength has brought crisis closer and baked a lot of future damage into the 17-nation bloc<p>Be careful what you wish for. The euro’s founding fathers dreamed of a superpower currency that could stand toe-to-toe with the dollar, freeing Europe from US monetary …

Euro defies gravity – but not for much longer | Financial Times

Late in 1958, Per Jacobsson, the very distinguished economist and then managing director of the International Monetary Fund, had a conversation with …

Economics

Worry about the euro, not the European Union | Financial Times

Last November 1 gave us a glimpse of the biggest danger facing the eurozone in the next decade: a period of sustained deflation. Eurozone core …

Europe

Against the Consensus: Why conventional theories on the crisis are inadequate | VOX, CEPR Policy Portal

<b>Viv Davies</b>: Hello and welcome to Vox Talks, a series of audio interviews with leading economists from around the world. I am Viv Davies from The …

Reducing Government Debt Burdens through Bond Buy Backs | Press Releases

July 10, 2013<p><i>Buyback of bonds could save U.S. $458 Billion.</i><p><b>For Immediate Release:</b> July 10, 2013<b><br>Contact:</b> Alan Barber (202) 293-5380 x 115<p>Washington …

Economics

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It doesn’t make much sense but I’m a eurofanatic | Financial Times

Whatever the reasons for Britain’s EU membership, I concluded last week, they cannot be economic. So have I turned into a newly converted …

Europe

Dangerous Fantasies and Really Existing ‘Adjustment’

It has been two years to the month since the original Memorandum of Understanding (MoU) was signed between the ECB-EC-IMF Troika and the Portuguese …

Europeans take a look at each other – and at themselves | Financial Times

The Pew poll on European attitudes came out this week and drew plenty of attention because of the remarkably negative attitudes it revealed towards …

Germany must share some of the blame for the persistence of the economic crisis in Spain.

<i>Spain has been hit hard by the Eurozone crisis, with unemployment levels pushing towards 27 per cent.</i> <b>Vicente Navarro</b> <i>writes on the role that Germany,</i> …

Five minutes with Saskia Sassen: “The issue right now is not the lack of discipline in Eurozone economies; it’s the financialisation of everything”

<i>Has the Eurozone crisis undermined Europe’s place in the world? In an interview with EUROPP’s editors Stuart A Brown and Chris Gilson,</i> <b>Saskia Sassen</b></i> …