Tag Archive
Eurozone Still in Thrall of Monetarism and Tight Budgets
One would think that with millions of unemployed and riots everywhere, the Germans would drop their obsession with inflation and start expanding deficits to counter falling demand in the eurozone. I mean, ok for Ossie Merkel who was brainwashed by free-market orthodoxy since she was a teen (remember the flat tax hogwash?), but how could [...]
Interviewing the Crisis (plus Niall Ferguson’s irrelevance)
A great artsy initiative is tracking repercussions of the crisis in creative industries
http://www.artsblog.it/post/2749/trilogy-of-crisis-intervistando-la-crisi-unintroduzione
We, great recessionists encourage you to follow and participate in the project.
On a fairly unrelated issue, we wanna lambast that jerk of Niall Ferguson, the official historian of global finance, who, after having rescued the memory of the British Empire (while ripping off [...]
NEXT LEFT: european politics and movements in the Great Recession
Do a bit of historical rewind and think you are back in 2000 again. Boy, was Europe optimistic back then. The new economy hadn’t crashed yet, and Dubya did not seem to stand a chance against Gore. Sure, noglobal protesters had emerged as spoilers of the party of monetarism and neoliberalism, and the cinders of [...]