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A warning from the past: N. Kaldor on the Eurozone
Yanis Varoufakis 1 Year, 11 Months, 2 Days, 8 Hours, 15 Minutes ago
They say that bright minds see well into the future, unimpaired by models, simulations and computational statistics. As evidence of this, consider the following lines from 1971. They was written by Nicholas Kaldor, a highly esteemed Cambridge economi...



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Latest Q&A on our Modest Proposal
Yanis Varoufakis 1 Year, 11 Months, 2 Days, 15 Hours, 58 Minutes ago
1.       Is the model you suggest for the EFSF similar to the proposal to grant a banking license to the ESM? Do you see the fundamental problem with the bailouts to date that they were limited in scale – that is unlimited liquidity provide...