Politics and Economics
MODERN MONEY: AESTHETICS AFTER THE GOLD STANDARD, UC Berkeley, Friday 7th November 2014
, 04/11/2014
An Academic Conference, sponsored by the Department of History of Art, University of California, Berkeley, November 6–7, 2014 Featured Speaker: Yanis Varoufakis Featured Artist: Danae Stratou Contact sferguson at usf.edu and jordanrose at berkeley.edu for more information. (The image is Andy Warhol’s 200 One Dollar Bills, 1962)
Of Europe’s bankers and politicians – Interview in SUOMEN KUVALEHTI
, 25/10/2014
An interview with Antti Ronkainen published in SUOMEN KUVALEHTI (in Finnish). Click here for the original or read on…
Greece’s Finance Minister: The revolving doors’ syndrome on steroids
, 20/10/2014
Now that the bubble of the Greek success story has, thankfully, burst, it is perhaps apt to take a good look at the track record of Greece’s finance minister: the talented Mr Gikas Hardouvelis. Readers that harboured hopes of a Greek turn-around (against this blog’s repeated warnings) ought to brace themselves – the finance minister’s […]
Egalitarianism’s Latest Foe: a critical review of Thomas Piketty’s Capital in the Twenty-First Century
, 08/10/2014
The Real-World Economics Review commissioned a number of us to write critical reviews of Thomas Piketty’s Capital in the 21st Century. They include, beside the over-signed, David Colander, Edward Fullbrook (who must be credited for the whole issue), James K. Galbraith, Michael Hudson, Richard Koo, Richard Parker, Ann Pettifor, and Robert Wade – see below for links to […]
Frances Coppola and Simon Wren-Lewis on the ‘Modest Proposal vs Austerian Federalists’
, 26/09/2014
In Whither Europe? The Modest Camp vs the Federalist Austerians James Galbraith and I attempted to chart the evolution of various plans to save the Eurozone. In that survey, we juxtaposed a Modest Camp (that includes our own Modest Proposal), whose philosophy is to promote a minimalist agenda for stabilising the Eurozone and ending its socio-economic crisis before Europe’s future […]
CAN EUROPE ESCAPE ITS CRISIS WITHOUT TURNING INTO AN IRON CAGE?
, 07/09/2014
ON THE MODEST PROPOSAL’S POLITICAL, CONSTITUTIONAL AND ETHICAL DIMENSIONS [Image: Rembrandt’s ‘The Abduction of Europa’] This article is a sequel to an earlier piece entitled ‘Why is Europe not coming together in response to the Euro Crisis?’ and is best read in conjunction with this article (co-authored with James K. Galbraith) that compares our Modest […]
WHY IS EUROPE NOT ‘COMING TOGETHER’ IN RESPONSE TO THE EURO CRISIS?
, 29/08/2014
In this article I ask a question on everyone’s lips: Almost everyone agrees that the Eurozone was a one-legged giant; a monetary union lacking a political ‘leg’ to stabilise it. If so, why has the Euro Crisis (which surely strengthened that view on the back of its ferocity and durability) not strengthen the hand of […]
Discussing Austerity with Phillip Adams, on Late Night Live, ABC Radio National
, 22/08/2014
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’, […]
Austerity comes to Australia – OpEd, WHITE PAPER, ABC Radio National
, 22/08/2014
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.
The Metaphysics of Money – Guest post by Paul Tyson
, 14/06/2014
Recently I was at a coffee shop, and to test a metaphysical hunch I asked a few of my fellow caffeinated confreres this question: “What is money?” They all gave answers along the following lines. Money is an arbitrary symbol of exchange value that we just make up in order to facilitate trade and investment. […]
The European Question – On ABC Radio National’s Late Night Live
, 12/06/2014
In this radio interview I am talking with Norman Swan (standing in for Phillip Adams) on Europe in the light of the recent European Parliament elections. Click here for the ABC RN site or just click on the player below:
Europe’s Crisis and the Rise of the Ultra-Right is the Left’s Fault
, 09/06/2014
Europe’s appalling handling of a euro crisis that was always going to happen, given its faulty architectural design,[1] has triggered an electoral result in the recent European Parliament elections that is a clarion warning that Europe is decomposing. And it is decomposing precisely because of the Left’s spectacular failure to intervene both during the construction phase […]
Italy, Greece and Europe after the European Parliament elections: An interview with Alessandro Bianchi
, 01/06/2014
How the current policies of the Brussels-Berlin-Frankfurt triangle are based on a propaganda campaign reflecting continuing Crisis Denial and why they constitute an attempt to create a new financial bubble – Why SYRIZA is a pro-European progressive party, in contrast to UKIP and Ms Le Pen’s FN – What should we expect of the new Italian government and why there […]
A lesson in democracy for Mrs Merkel (and her merry Merkelites around the Eurozone) by Alexis Tsipras, SYRIZA’s leader
, 30/05/2014
Alexis Tsipras, leader of Greece’s largest political party (SYRIZA), and the European Left’s candidate for the Presidency of the European Commission, has just given Mrs Merkel (and her merry disciples around the Eurozone) an important lesson in democracy.
A Europe of One Extreme: Interviewed by Thomas Fazi on the European Parliamentary Election outcome
, 29/05/2014
Europe went to the polls last weekend. Here is my take on the election results – in an interview with Thomas Farzi (author of The Battle for Europe: How an Elite Hijacked a Continent – and How We Can Take It Back). – What’s your general take on the results of the European elections?
European Parliament Elections: Our choice between Euro-loyalists, Euro-sceptics & Euro-critics
, 24/05/2014
In this European Parliament election, Europeans are confronted with a stark trilemma; with three competing narratives on the state of the Union one of which we must adopt and vote accordingly.
Depressed, depressing Europe – video
, 13/05/2014
In conversation with Andrew Brady of USiLive regarding the state of Europe now.
Sleepless in Europe – in Huffington Post
, 10/05/2014
Some weeks ago I heard Arianna Huffington deliver a talk, in Austin, on sleep deprivation and the terrible decisions that it leads to. This made me recall that all the awful decisions of our European leaders (and there were so many of them) were reached at around 4.00am. I mentioned that to Arianna and she […]
DIGITAL ECONOMIES: Markets, Money and Democratic Politics Revisited
, 08/05/2014
Audio and transcript of the keynote I delivered on 5th May 2014 in Seattle in the context of the CFA Institute’s Annual Conference entitled The Future of Finance.
Interviewed by REASON magazine on virtual worlds and the future of economics
, 07/05/2014
“A Multiplayer Game Environment Is a Dream Come True for an Economist” Interview by Peter Suderman from the June 2014 issue of REASON magazine – click here for Reason’s web version. Or read on…
My endorsement of Alexis Tsipras' Candidacy for the Presidency of the European Commission – video
, 01/05/2014
Over the past year I have argued that Europe needs a jolt.
‘European Progressive Policy Initiative’ endorses the Modest Proposal’s four main policies
, 01/05/2014
A group of noted international economists (including Joseph Stiglitz, Peter Bofinger and Stefanie Griffith-Jones), known as the European Progressive Policy Initiative (EPPI), has issued a policy paper that endorses the main planks of our Modest Proposal for Resolving the Euro Crisis 4.0. EPPI was assembled in 2013 by Europe’s social democratic alliance in the European […]
Europe and Greece in Review: Interviewed by Michael Maier for Deutsche Wirtschafts Nachrichten
, 28/04/2014
Interviewed by Dr. Michael Maier for Deutsche Wirtschafts Nachrichten: For the interview in German, as published on the DWN site, Click here for PART A , on the Ukrainian crisis Click here for PART B, on Greece and the Eurozone For the whole interview in English,…
James Galbraith on Piketty’s Capital in 21st Century – video/interview
, 26/04/2014
See also James Galbraith’s splendid review of T. Piketty’s ‘Capital’ here.