To re-enter the European Union the British government would lose its opt-out from the euro and have to adopt the Fiscal Compact. Both would be unwise and together would undermine progressive change in Britain.
This paper reviews a wide-ranging literature that examines the increased ability of leading firms to extract monopoly rents. It also reviews the more recent and still thin literature on the increase in inequality among workers with similar characteristics but different employers
Merkel's government has never considered the hypothesis of an expansive fiscal policy. However, one can ask why the hypothesis of higher wage growth has not been taken into account.
The French Socialist Party (PS) suffered a dramatic fall in presidential and legislative elections, with a number of high profile members subsequently choosing to leave the party in the aftermath of the result..
