‘New York Review of Books’ is thinking outside the box, again, on one-state
‘New York Review of Books’ is thinking outside the box, again, on one-state
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'A Pandora's Box': Arrest of Suspected Mossad Agent Strains German-Israeli Relations - SPIEGEL ONLINE
‘A Pandora’s Box’: Arrest of Suspected Mossad Agent Strains German-Israeli Relations - SPIEGEL ONLINE
The recent arrest of an alleged Mossad agent in Warsaw could adversely affect German-Israeli relations. Officials in Berlin say the Israeli secret service went too far in obtaining a German passport for alleged use in the murder of a Hamas official in [...]
Japanese Manga Newspapers Report Current Events in Graphic Detail
Japanese Manga Newspapers Report Current Events in Graphic Detail
Japan is newspaper-crazy. Its biggest daily, Yomiuri Shimbun, has 10 times the circulation of The New York Times. For now, at least. Just as in the US, young people in Japan aren’t reading newspapers as often as their parents. But the Japanese have a solution: Manga No [...]
Asylum seekers living in hostels for several years are facing significant mental stress
Asylum seekers living in hostels for several years are facing significant mental stress
The hostels are part of the direct provision system, which was established a decade ago as an emergency response to cope with large numbers of asylum seekers entering the country. Under this system asylum seekers are given a weekly allowance of €19.10 to [...]
Hugh Green | Redux: “Class Struggle in the EU”
Hugh Green | Redux: “Class Struggle in the EU”
As an antidote to dominance of the FG leadership debate in the media, which itself is a distraction from what is really happening in terms of the increasing support for Labour in the opinion polls, Hugh Green provides a translation of a piece that appeared on El [...]
New Left Project | Erik Olin Wright Interview: Envisioning Real Utopias
New Left Project | Erik Olin Wright Interview
Interview on New Left Project with Distinguished Professor of Sociology at the University of Wisconsin Erik Olin Wright about his new book Envisioning Real Utopias. He says that the anti-Capitalist left has been very good at critiquing what is wrong with capitalism but has not been able to [...]
Concerns over Spain loom over EU summit
Concerns over Spain loom over EU summit
Open Europe notes:
“As European leaders meet today in Brussels, there is a growing fear that Spain is preparing to ask for a bailout even larger than the Greek rescue package. Officials in Madrid and Brussels have denied that a Spanish bailout is on the agenda for the summit, according [...]
Travelling a Circuitous Route Around the Blindingly Obvious
Michael Burke, writing on Progressive Economy today draws our attention to an important debate about Ireland and the contrasting views from some economic heavyweights about whether or not ‘markets’ approve or disapprove of austerity measures. The point was raised by Paul Krugman in a recent blog post that while the Wall Street Journal praised Ireland’s [...]
Multiplying your forecasting problem | Money Supply | FT.com
Multiplying your forecasting problem | Money Supply | FT.com
What do we know about the British authorities’ view of the multiplier?
In a nutshell, not very much. They are as equivocal about the fiscal multiplier as I am.
In the 2010 Budget, Treasury officials wrote, “with ongoing fiscal consolidation the government sector is expected to detract from growth”. [...]
Why is the EU is Willing to Provide a Bailout of Such Large Proportions? To Protect Its Banks.
Why is the EU is Willing to Provide a Bailout of Such Large Proportions? To Protect Its Banks.
According to a report from the Bank of International Settlements published yesterday evening, "French and German banks have lent nearly $1 trillion to the most troubled European countries and are more exposed to the debt crisis than the [...]