The typical worker has seen almost none of the gains from economic growth over the last four decades. But tax deduction gives billions of dollars every year to some of the richest people in the country for no reason whatsoever.
The eurozone authorities are blackmailing the Greek government and people. Yet, Greece should become an opportunity to change the failed policies of the eurozone.
The IMF does not find any statistically significant effects on total factor productivity that result from labour market regulation. Rregulations that protect existing jobs show no statistically significant link with unemployment whatsoever
La Commissione eruropea é condiscendente verso il governo di centro-destra spagnolo di Mariano Rajoy come premio per la (contro)riforma del mercato del lavoro.
The question that one may ask is why Brussels was very condescending towards the Spanish deficit. Perhaps the answer can be found in measures on the labour market of the Rajoy right-wing government of Spain.
Grexit would be the result of a deliberately destructive strategy. Yet the Greek refusal to continue with the self-defeating, ruinous austerity policies is a completely rational and democratic choice.
Statement of Mark Blyth Eastman Professor of Political Economy The Watson Institute for International Studies and Brown University Before the Committee on the Budget United States Senate Hearing on “The Benefits of a Balanced Budget” March 11th 2015
