English European Crisis Interviews Media Politics and Economics Uncategorized

Why the Fiscal Compact is, legally, null and void: Interview by Giuseppe Guarino

In this fascinating interview, published in Corriere della Sera on 29th October 2014 and reproduced here in English, Professor Giuseppe Guarino, a former finance minister of Italy, argues that the Fiscal Compact never had a legal leg to stand on. Additionally, he also claims that, legally, the 3% deficit limit (in the Maastricht and later the […]

Banking Crisis English European Crisis Modest Proposal Radio Talks Uncategorized

Today’s Eurozone seen from an investor’s perspective – Keynote (audio)

On 30th October I was invited to address a meeting of German, Austrian and Swiss pension fund managers on how they should make sense of the Eurozone’s current state of play. In this keynote (click below for the audio and the accompanying slides) I present an explanation of the causes underlying the impossible dilemmas pension fund […]

English European Crisis Greek Crisis Interviews Media Portuguese Uncategorized

Greek bonds and shares: What does their decline mean for Europe? – Interview with Jorge Nascimento Rodrigues for EXPRESSO

The spectre of Greek contagion seems to be returning to the Eurozone. At least this is the fear that I sense by talking to financial journalists across Europe. In this interview with Jorge Nascimento Rodrigues (for EXPRESSO) I argue that: “The Euro Crisis never went away. What happened was that Mr Draghi’s skillful interventions in the […]

English German Greek Crisis Interviews Uncategorized

Has the Greece Success Story bubble burst? Interview with Deutsche Wirtschafts Nachrichten

In this interview, with Deutsche Wirtschafts Nachtrichten  (German Business News), I address the question of what happened in recent days in the Greek bond markets, in view of the Greek government’s failed attempt to argue that Greece is about to exit its Bailout. Regular readers may notice that I am merely repeating what I was saying […]

Books Debate English Modest Proposal Uncategorized

Revisiting the Modest Proposal: Q&A with a sceptic – Fall 2014 version (*)

As Europe seems resigned to the perpetuation of the Euro Crisis, with its authorities in a state of permanent paralysis (with only the ECB trying, and failing, to stem the debt-deflationary vortex), it seems more pertinent than ever to keep the debate on the Modest Proposal going. If only as a reminder to the powers-that-be that there are immediately […]

Books English European Crisis Radio The Global Minotaur: A theory of the Global Crisis Uncategorized

The Global and European Crisis revisited: An audio from the launch of the Global Minotaur in Finland

On 25th August, I had the honour of presenting the Finnish edition of The Global Minotaur to a splendid, and welcoming, audience at the University of Tampere. In this post you can listen to an interesting exchange on the state of the global and European economy, why Finns (along with citizens of other European ‘surplus’ member-states […]

English Interviews

Is Mr Draghi’s ‘turn’ significant? Is Germany ‘turning’? Can Europe escape its ‘iron cage’? Plus, on the Scottish currency plans – on Boom-Bust RT-tv

[Jump to 3’20”] Erin Ade, RT’s Boom-Bust presenter, interviewed me yesterday on the state of Europe. We talked about the significance of Mr Draghi’s recent ‘intervention’, on whether Germany is about to change course, touched upon my article “Can Europe be saved without turning into an iron cage?” and briefly delved into Scotland’s proposal for a […]

English Interviews

Discussing Scottish Independence and the demerits of a Sterling Union on KPFA Radio (Berkeley, CA)

Here is a 25 minute radio interview on KPFA Radio (Berkeley CA) on the Scottish Independence question that will be decided by  Scottish voters on 18th September. (Click here and jump to 32’50” for the interview). The points raised are further supported by two previous posts: (a) Scotland Must Be Braver! and (b) If Scotland, why […]

Australia English Media Op-ed Politics and Economics Radio The Global Minotaur: A theory of the Global Crisis Various

Discussing Austerity with Phillip Adams, on Late Night Live, ABC Radio National

In this podcast you can hear my discussion with Phillip Adams, on ABC Radio National Late Night Live, on fiscal austerity and its discontents. The backdrop for this interview was, naturally, the Australian Federal Government’s attempts to ‘sell’ its latest Austerity Budget to the Australian people. (Click also here for my OpEd on ‘Austerity comes to Australia’, […]

Australia English European Crisis Media Op-ed Papers Politics and Economics The Global Minotaur: A theory of the Global Crisis Various

Austerity comes to Australia – OpEd, WHITE PAPER, ABC Radio National

Austerity was never about tackling public debt. It was not even a political campaign to end the ‘culture of entitlement’. In the UK, in the Eurozone, and now in Australia, austerity is, and always was, a thinly disguised campaign of invoking fiscal prudence and public virtues in order to indulge private vices and so as to redistribute entitlements at the expense of the majority.

English European Crisis Greek Crisis Guest Post Interviews Modest Proposal Uncategorized

James K. Galbraith on The Modest Proposal, Europe and Greece

In this Q&A with a Greek journalist, on the occasion of the launch of the Greek translation of the Modest Proposal, James K. Galbraith argues that Italy and Greece can play an important role in changing the terms of the European ‘conversation’, so that rational, minimalist solutions like the Modest Proposal can have a chance […]

English Modest Proposal Talks Uncategorized

A proposal for Federal Unemployment Benefits in the €-Zone: By EU Commissioner László Andor

László Andor, European Commissioner for Employment, Social Affairs and Inclusion, has recently given a speech (at the Hertie School of Governance, Berlin, 13 June 2014) entitled Social dimension of the Economic and Monetary Union: What lessons to draw from the European elections? It is a good speech, well worth reading carefully, that outlines a proposal for a federal-like Eurozone-wide unemployment […]