Brainstorm on Politics and Economics of the EU

The Italian fencer Elisa di Francisca is the first athlete in history to brandish the European Union flag on the podium of the Olympic Games. Di Francisca dedicated her result to the victims of the terrorist attacks in Paris and Brussels: “Europe exists and is united against terrorism… terrorism mustn’t win” Let’s proudly show this… » read more

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Posted by Claudio Baccianti

La vittoria del “Sì” al referendum del 17 aprile porterebbe politiche energetiche e climatiche migliori? È più ragionevole pensare di no. Con il referendum del prossimo 17 aprile gli italiani hanno la possibilità di bloccare il rinnovo delle licenze per le attività di estrazione di idrocarburi esistenti e situate fino a 12 miglia dalla costa.… » read more

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Posted by Claudio Baccianti

Some Eurozone countries are playing a foolish game. Structural reforms are oversold with moralistic arguments to avoid accepting the obvious: some kind of transfer system is necessary and urgent. We all agree that the European Monetary Union (EMU) needs a different institutional framework with better governance. We also all agree that EMU economies will never… » read more

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Posted by Claudio Baccianti

Varoufakis uses a good argument in the wrong way. He wants Greece to relax its government budget, using other countries’s money. The opposition to this strategy has little to do with being Keynesian or not. The Greek Finance minister Yiannis Varoufakis has spent the last years trying to convince the public opinion that the Troika’s… » read more

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Posted by Claudio Baccianti

As the rethoric goes, Germany has always been careful in taking out debt financing. In German culture debt is considered a sin, from which the literal translation of “die Schulden” is “fault” or “guilt”. Every day Wolfgang Schäuble, the German finance minister, remembers all other European peers that debt is the problem, not a solution.… » read more

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Posted by Claudio Baccianti

A must read

This time I won’t write an article, I recommend you the book: “Capital in the XXI century” by Thomas Piketty. Well, if am preparing this post it means that I really like the book. Jokes aside, I find this book enlightning on the topic of inequalities. I leave Paul Krugman convincing you to read it…… » read more

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Posted by Claudio Baccianti