Cross-posted from Makroskop.eu
Translated and edited by BRAVE NEW EUROPE
There is still speculation about the depth of the corona crisis. The crucial questions are undoubtedly how long the economy will have to remain largely stagnant in order to fight the pandemic and how quickly demand will recover afterwards. …
Translated by Brave New Europe and cross-posted from Makroskop
The shock that the European economy has to cope with cannot be compared with any other event of the past seventy years. The scale of the collapse is enormous. Only an extremely rapid and equally powerful financial policy response can cushion it. …
Translated and edited by BRAVE NEW EUROPE
At a time like this policy-makers must focus on a few stable patterns in social and economic relations to help reduce insecurity. But even this is difficult, because there has never been such an emergency-stop and such a shock. …
Es ist Jahr für Jahr verblüffend zu sehen, mit welch einfachen Mitteln man große Politik machen kann, wenn man – das ist allerdings die unverzichtbare Voraussetzung – gleichzeitig noch im Besitz der großen Medien ist. Alle Jahre wieder schreibt das Institut der deutschen Wirtschaft (IW) über Löhne und Lohnstückkosten im internationalen Vergleich, …
