Economics and politics - comment and analysis

Who is missing the mark on competitiveness within the EMU – or just how fierce European competition for industrial goods really is

Today saw yet another interesting and extremely important statistic that has gone unnoticed by both the media and so-called economic science. As it does every month, Eurostat published the trend in producer prices for the manufacturing sector. The latest available figure is for February, …

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The trade unions (and the SPD) are speechless – they know nothing about macroeconomics

If you are wondering why we are having an idiotic debate about economic policy, read the document linked here from Surplus magazine, which was taken over by a news agency. In it, Germany’s largest trade unions complain about the attacks on the welfare state that are carried out almost daily by the governing parties. …

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Mercosur, Ludwig Erhard and German mercantilism

Mercosur is on everyone’s lips. Wouldn’t the free trade agreement with several countries in Latin America be a golden opportunity to get one over on the USA? Couldn’t a new source of prosperity be tapped with the South Americans? But why has it taken over twenty years to seize this unique opportunity? …

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