The economic curse of populism
As long as the Germans pretend that the current crisis was caused by speculation and not by inherent flaws of the European project, this crisis will not pass.
As long as the Germans pretend that the current crisis was caused by speculation and not by inherent flaws of the European project, this crisis will not pass.
The Red Tape Trading Scheme would make it possible to reduce administrative burdens without a top-down strategy.
For many years now, trading schemes have been used as mechanisms to reduce environmental pollution.
WHAT do carbon emissions and red tape have in common?
Where there is huge complexity, there should also be the greatest desire to cut it back.
In England bilden mitten in der Krise zwei junge, enthusiastische Politiker eine Regierung der Zuversicht.
By putting European idealism ahead of economic concerns, Europe’s leaders have given speculators ample opportunity to exploit the weaknesses of the flawed monetary construction that is the euro.
Ironically, the Greek rescue package may have increased the chance of a future sovereign default in Europe – other nations struggling under massive debt burdens are likely to find there is nobody left willing to bail them out.
As long as countries such as Greece are joined with Germany in a monetary union, this monetary union will not work.
© Dr Oliver Hartwich