What happens when the elite is too stupid to serve its interests, its political personnel too incompetent? This question inevitably arises when looking at the David Davis and Boris Johnson’s spectacle, their abortive attempts of ‘negotiating’. These people are so utterly uninformed, …
In 2016, Flassbeck-economics provided extensive comment and analysis of the caucuses, the primaries and the ultimate presidential election in the USA. Afterwards, I wrote up a long piece trying to explain Trump’s victory. I pointed towards a variety of reasons, the two most important ones were Clinton’s economic program and her pro-war stance. …
Chesterton’s pub fallacy
In the first part of this article, I showed that the UK has done poorly economically since the referendum. GDP growth is down. It is now 0.4% lower than the EU average of 0.6% (less than GDP growth in Greece!). …
It has been a year since a narrow majority of British voters voted in favour of Brexit. The result has triggered a never-ending debate about its economic and political effects. How do things stand one year later? Last week, Agelos Delis presented some figures in The Conversation (see here). …
