Category Archives: Eurozone

Commentary on the madness involved in setting up the EMU and how it is dysfunctional

Latest Europhile advocacy beggars belief – surrender sovereignty to regain it

Today, I have a lot of travelling coming up. So time is tight. Regular readers will know my views on the Eurozone. I have held those views since the late 1980s when I was a young lecturer. Nothing has changed … Read the rest of this entry »

Posted in Eurozone, Reclaim the State | 24 Comments

My response to a German critic of MMT – Part 3

This is the third (and final) part of my response to an article published by the German-language service Makroskop (March 20, 2018) – Modern Monetary Theory: Einwände eines wohlwollenden Zweiflers (Modern Monetary Theory – Questions from a Friendly Critic) – … Read the rest of this entry »

Posted in Debriefing 101, Eurozone, Reclaim the State | 43 Comments

My response to a German critic of MMT – Part 2

This is the second part of my response to an article published by the German-language service Makroskop (March 20, 2018) – Modern Monetary Theory: Einwände eines wohlwollenden Zweiflers (Modern Monetary Theory – Questions from a Friendly Critic) – and written … Read the rest of this entry »

Posted in Debriefing 101, Eurozone, Reclaim the State | 37 Comments

Neoliberal economic Groupthink alive and well in Europe

It is Wednesday so only a couple of snippets today. I was going to write about the BBC’s ridiculous attempt to portray Jeremy Corbyn as a sort of Russian-spy-type-dude in its Newsnight segment last Thursday (March 15, 2018). They manipulated … Read the rest of this entry »

Posted in Eurozone, Framing and Language, Reclaim the State, UK Economy | 9 Comments

Donald Trump’s tariff hikes are not good policy

I am generally not in favour of trade protection. I grew up in a country that had very extensive protection (tariffs, import quotas) on manufacturing goods, which was justified on a number of grounds – capacity to shift to defense … Read the rest of this entry »

Posted in Eurozone, US economy | 30 Comments

Eurozone policy failures laid bare

On March 13, 2018, the OECD released its latest Economic Outlook with accompanying “Interim projections” as at March 2018) suggesting that the current growth phase will continue through to next year as consumer and business confidence improves and translates in … Read the rest of this entry »

Posted in Eurozone, Fiscal Statements, Labour Force | 7 Comments

Europhile reform dreamers wake up – there will be no ‘far-reaching’ reforms

I have now escaped the near-Arctic chill and back to warmer climes for a little while. While I was in Finland though, the Finnish news media was agape over the – Joint Statement – released by 8 Finance Ministers from … Read the rest of this entry »

Posted in Britain, Eurozone, Politics, UK Economy | 15 Comments

Poverty among the unemployed now close to 50 per cent in the EU

Last week, Eurostat released it updated data covering people who are at risk of monetary poverty. In the press release/news page (February 26, 2018) – Almost half the unemployed at risk of monetary poverty in the EU – we learn … Read the rest of this entry »

Posted in Eurozone | 8 Comments

There is no European citizen – cultures and narratives diverge in the Eurozone

I have noted before that when someone asks me where I come from I immediately (and innately) respond Australia. If questioned further I might tell them I grew up in Melbourne, Victoria. Sure enough, I am a Victorian (with some … Read the rest of this entry »

Posted in Eurozone, Framing and Language | 14 Comments

Social democratic politicians continue to walk the plank – into oblivion

It is Wednesday, so only a snippet of a blog about a few things that caught my interest recently. Words have meaning and concepts have meaning. That is, until you are a social democratic politician in Europe. Then meaning goes … Read the rest of this entry »

Posted in Eurozone, Music, Reclaim the State, UK Economy | 47 Comments