Monthly Archives For January 2012

Answering the Sceptics

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On Saturday, the Irish Times devoted a full page to the question of whether austerity is working, on foot of the letter by 60 prominent public figures. International commentators such as Joseph Stiglitz and Nouriel Roubini…

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Where are the ‘indignados’ going?

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Translation of an article by Manuel Castells, originally published in La Vanguardia, 21st January 2012. The indignados movement that burst forth in 2011 in Spain, Europe and the United States is a breath of fresh air in…

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Take Europe Back!

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There was no need for Mario Draghi’s words to understand that the crisis has already reached an irreversible threshold in Europe. A crisis of “systemic dimensions” was what Jean-Claude Trichet said a couple of months…

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Davos dilemma | Michael Roberts

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Davos dilemma | Michael Roberts The majority of those at Davos think that Capitalism isn’t working, but don’t feel there is a need to change anything because its working rather well for them. It’s up…

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26 into 1 Won’t Go

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Media outlets are reporting a new crackdown on the unemployed.  Apparently, the Department of Social Protection intends to introduce new regulations whereby ‘target-dates’ for exiting the Live Register will be set for different categories of unemployed. …

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The Promissory Notes | Tom McDonnell

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The Promissory Notes | Tom McDonnell Economist Tom McDonnell of TASC provides a brief primer on IBRC promissory notes, which is available on Slideshare. Click here to view it in it’s own web page. Tom…

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