I voted Remain in the referendum not because I loved the EU but because I thought the UK outside the EU would produce sub-optimal economic results. During the referendum campaign, and especially after the result and in the tortuous build up to Brexit itself, many leftwing Remainers have been drawn into a mostly uncritical support […]
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Featured Articles
Rethinking the European Union: Part One
What is happening in China?
Cheap oil and the political economy of Russia
Global debt and the great rebalancing
Thinking about China
One bank to rule them all: The ECB and European democracy
Can Europe rely on large primary surpluses to solve its debt problem?
Ordoliberalism and the European Project
Why the German trade surplus is a big problem
Too big to bail – how the banks crashed the eurozone
Reasons to be cheerful
Germany’s Role in the Eurozone Crisis
The Feckless and the Prudent: or why your surplus is the same size as my deficit
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Recent Posts
- A review of a very important book 01/05/2025
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- COP26 has come to an end and many key players seem very disappointed 15/11/2021
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- COP26 Predictions 23/10/2021
- A critical view of Critical Race Theory and BLM 11/02/2021
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- Fixing the broken American political system 13/01/2021
- Is the Bank of England implementing a policy based on Modern Monetary Theory? 05/01/2021
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- Post-Covid EU divisions – a map 13/07/2020
- The culture wars are bad for the Left and good for the Right 05/07/2020
- Why are Eurobonds so difficult? 25/05/2020
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- COVID-19: A few thoughts and a few links 22/03/2020
- The EU in the rear view mirror 27/02/2020
- The strange death of social democracy in Western Europe 19/12/2019
- What just happened? Part One: There is no working class anymore 16/12/2019
- What just happened? Part Two: The persistent illusion of class conflict as the primary driver of politics 16/12/2019
- From 1997 to 2019 15/12/2019
- A few thoughts about Boris, Brexit and the New Tory Party 04/09/2019
- Italy is the eurozone’s weak link 24/04/2019
- A Plea for Some Healthy Scepticism 08/04/2019
- Who has the UK been negotiating with? 18/11/2018
- A few thoughts about the Brexit negotiations 13/11/2018
- Varoufakis’s proposal for an International New Deal 23/09/2018
- Can radical social democracy save us? 17/02/2018
- Labour and the new terrain of politics 13/02/2018
- Trump, Russia and missing the point 22/01/2018
- Leaked plans for an EU austerity machine 14/12/2017
- Yanis Varoufakis – Debtors’ Prison, John Maynard Keynes & the Double Standards of the EU 07/12/2017
- Greek pensions and the question of social democracy in the EU 06/12/2017
- Yanis Varoufakis on Brexit Negotiations, Ireland, Greece 29/11/2017
- The post-Brexit Irish border – a brief summary 25/11/2017
- Fake news for a good cause is still a bad thing 01/10/2017
- One diagram that explains the 2017 UK election result 16/09/2017
- The bailout costs ten years after the crash 25/08/2017
- The truth about the Irish recovery 20/08/2017
- The probability of a fourth Greek bailout 09/08/2017
- Some recent items of interest 04/08/2017
- Running out of steam? 01/07/2017
- Caution: European Narrative. Handle with Care 26/06/2017
- Handy chart summarising Brexit options 26/06/2017
- What just happened? 17/06/2017
- Victory for Schaeuble at the Eurogroup means no relief for Greece 17/06/2017
- Yanis Varoufakis on the state of Europe and the Euro 14/06/2017
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- A state of political disrepair: Varoufakis on Brexit, the EU, and trashing the establishment 13/06/2017
- The scale of the EU’s achievements in Greece 13/06/2017
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- Paris hot air 03/06/2017
- Rethinking the European Union: Part Two 31/05/2017
- Rethinking the European Union: Part One 28/05/2017
- Chinese over-investment: Metro building 23/05/2017
- A snapshot of global economic imbalances 21/05/2017
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- The UK local authority property bubble 30/04/2017
- Europe’s other single currency 24/04/2017
- The French first round 24/04/2017
- Meanwhile in Greece the beatings continue but moral fails to improve 19/04/2017
- Accession shock, the rise of UKIP and Brexit 14/04/2017
- The German and Chinese trade surpluses 05/04/2017
- “The left is paying the price for its conservative discourse on the currency union.” 04/04/2017
- The delusions of Mr Dijsselbloem 26/03/2017
- Making sense of it 16/11/2016
- Against pessimism 09/11/2016
- The Mountain to Climb 28/09/2016
- Berlin blinks 31/07/2016
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- Some recent items of interest 29/07/2016
- Austerity may be over – for the Eurozone banks 27/07/2016
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- The pain in Spain 19/07/2016
- The European Court of Justice may have rescued Italy’s banks 19/07/2016
- The Great Hargeisa Goat Bubble 13/07/2016
- Understanding the jargon of Brexit 13/07/2016
- The wider implications of the Italian banking crisis 12/07/2016
- Devil’s advocate 09/07/2016
- The Italian banking crisis is escalating 08/07/2016
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- Perspectives on the Chinese economic adjustment 07/07/2016
- The Japanese economy is in uncharted territory 04/07/2016
- Pro EU parties could face big losses in the next election 03/07/2016
- Brexit aftershocks and the roadmap for negotiations 03/07/2016
- Italy’s weird bank rescue deal 01/07/2016
- Article 50 road map infographic 30/06/2016
- Are we there yet? 30/06/2016
- This is the end – or is it? 28/06/2016
- The other vote wasn’t good either 28/06/2016
- The only place Scotland can go is over a cliff 26/06/2016
- Brexit – what does it mean? 25/06/2016
- A note on the post referendum legal and diplomatic situation 25/06/2016
- How will Brexit effect the way the EU works? 24/06/2016
- Where is the Labour Party? 23/06/2016
- YouGov data on referendum voter intentions 21/06/2016
- A visual guide to what could happen if we vote for Brexit 20/06/2016
- Who is the Remembrancer? 19/06/2016
- Will Brexit lead to Frexit? 14/06/2016
- UK government borrowing has never been cheaper 12/06/2016
- QE makes UK public debt calculations absurd. Its almost as absurd as the gold standard 08/06/2016
- What is England? 06/06/2016
- New poll shows Unidos Podemos 5 points in front of PSOE 05/06/2016
- Zombies-To-Be and the Walking Dead of Debt 05/06/2016
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- Three maps showing UK referendum regional voting intentions 03/06/2016
- The rise of nationalism in Europe: results of most recent national elections 02/06/2016
- A documentary about Jeremy Corbyn 02/06/2016
- Some recent items of interest 31/05/2016
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- Greece is the only country in the eurozone that doesn’t get massive debt relief 24/05/2016
- The Commission lets Italy off the hook 18/05/2016
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- Pensions are cut for most Greeks 10/05/2016
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- Long term unemployment in Europe 01/05/2016
- In China the good news is really bad 23/04/2016
- Is the financial sector fit for purpose? 22/04/2016
- The dangers of the Chinese property bubble 19/04/2016
- Oh dear …. this probably won’t end well 18/04/2016
- Yanis Varoufakis says ‘Europe is staring into the abyss’ 15/04/2016
- Blimey, it could be Brexit! 14/04/2016
- Some recent items of interest 11/04/2016
- Italian zombie banks 09/04/2016
- Things are getting better 02/04/2016
- The Ed Miliband effect 02/04/2016
- London is a migrant mega city 02/04/2016
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- Is Greece on the Verge of Another Debt Crisis? 25/03/2016
- Catalonia dances with default 23/03/2016
- Some recent items of interest 17/03/2016
- Stormy weather ahead 13/03/2016
- The Economics of Brexit: Vince Cable and Norman Lamont Debate 09/03/2016
- Some recent items of interest 05/03/2016
- Germany’s flawed plans for Europe 01/03/2016
- Some recent items of interest 27/02/2016
- The EU’s banking union is a recipe for disaster 25/02/2016
- European solidarity Greek style 20/02/2016
- IMF admits it got it wrong on Greece 20/02/2016
- Some recent items of interest 17/02/2016
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