Category Archives: European Economy
HAYEK, KEYNES, AND FRIEDMAN ABOUT THE EUROZONE
Hayek, Keynes and Friedman about the Crisis in the Eurozone Introduction The financial crisis of 2008 pushed the world economy into a depression. After a year or so many economies, such as those of the BRIC-countries, recovered; the eurozone, however, … Continue reading
The Brexit-issue is not that important
The Brexit-issue is less important than most economists think Most economists assume that the British referendum about Brexit is a historic moment; an issue that might change the course of European history. I think they exaggerate its importance. Of course, … Continue reading
Posted in Economy And Society, European Economy
Tagged brexit, cultural homogeneity, culture, immigration, integration
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The German Monetary Trauma is Terrorizing the Eurozone
The German Monetary Trauma is Terrorising the Eurozone Introduction De eurozone shows a level of unemployment, which is too high for a long period of time already (about 10% on average). When introducing the euro politicians limited the possibilities to … Continue reading
Posted in European Economy
Tagged eurozone, Friedman, Hayek, irrationaliteit., Keynes, monetary trauma
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GREECE AND DEMOCRACY
GREECE AND DEMOCRACY The Greek people are proud of being the inventors of democracy. This concept refers to self-governance on all levels of society. At the moment the economic problems are very difficult to solve, and society is at the … Continue reading
SYRIZA, AN OPPORTUNITY FOR GREECE AND EUROPE
Syriza, an Opportunity for Greece ánd Europe Introduction It might be historic, the victory of Syriza in the Greek elections of 25 January 2015. It offers Greece and Europe the chance to break the trend of ineffective neoliberal policies, as … Continue reading
THE ECB SUPPORTS BANKS, NOT THE ECONOMY
The ECB supports banks, not the economy Introduction Recently the ECB announced a new round of quantitative easing (QE): the ECB buys large volumes of (bad) financial paper, so as to improve the financial situation of banks. By doing this … Continue reading
EUROPE: INVEST AND REFORM – AND DO IT DEMOCRATICALLY
Europe: Invest and Reform – and Do it Democratically The European economies do not grow anymore. Nevertheless, the economic establishments are preparing a next round of cuts in the level of the government expenditures. First, a few Mediterranean economies, such as Greece, Spain … Continue reading
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