Nicolas Sarkozy arrived at the Group of 20 summit having said: ìThe all-powerful market that is always right is finished.î The French president left it proclaiming ìa page has been turnedî on the Anglo-Saxon financial model. More»
What comes after Socialism and after capitalism? Whatever ideological logo we adopt, the shift from free market to public action needs to be bigger than politicians grasp. The 20th century is well behind us, but we have not yet learned to live in the 21st, or at least to think in a way that fits it. More»
When an economy falls into a depression, governments can try four things to return employment to its normal level and production to its ‘potential’ level. Call them: fiscal policy, credit policy, monetary policy, and inflation.
We live in a world of great affluence as well as extreme poverty, and in which the rich nations play a disproportionate role in changing the planetís climate, from which the poor will suffer most. What values would best guide us to a more just and sustainable world? Can we realistically expect them to be put into practice?