Do immigrants put pressure on wages? The great majority of scholars find a small negative effect on the lowest wages. Bagnai thinks the effect is bigger (without providing proof) and adds he wants to see a Marxist analysis of it. This is also meant as a critique of my position. …
Once again Germany is celebrating its Day of German Reunification, but does not want to admit that this unity still does not exist. The German-German monetary union has failed because the majority of West German politicians do not want to renounce their prejudices. …
Initially, it was not my intention to comment on the German election, after all we have big (German) experts in the house. But let me put in my two cents.
Those who are surprised by this election result have not been paying attention. …
‘America needs its unions more than ever.’ And ‘Labour reform could help restore the bargaining power of US workers.’ Can you believe that these are titles from articles in the Financial Times?
Mario Draghi, the president of the ECB, recently boasted that since 2015 the euro-zone gained more than 5 million jobs. …
