Larry Summers and Paul Krugman have put stagnation on the table, but there is a grave danger that policymakers only focus on financial market reform and ignore reform of America’s flawed economic paradigm.
The USA has become the bigger oil producer in the world , having surpassed the other two great producers , Russia and Saudi Arabia, and this is bound to change the geopolitic relationship with the Middle East.
Due economisti lanciano una proposta definita “politicamente accettabile” (l’acronimo è P.A.D.R.E.) per la ristrutturazione dei debiti pubblici di eurolandia. Un'idea ingegnosa ma, come altre avanzate in passato, destinata a incontrare - si può scommettere - l'opposizione della Germania.
La Corte di Karlsruhe ha nella sostanza condiviso la posizione della Bundesbank, ostile sin dalla nascita all' unificazione monetaria europea, pur rinviando il giudizio alla Corte di giustizia europea.
The Karlsruhe Court has taken into account the position of the Bundesbank, which suffered the birth of the European monetary unification, and has become the very source of inspiration for every Euroscepticism.
The empirical non-falsifiability of structural reform policies underpins the consensus between the national and supranational levels. It enables all of the actors to sell a policy that no one understands or can even refute.
