Could the coronavirus kill neoliberalism too?
It’s clear that neoliberalism as an ideology is dead. Rather than managing to self-regulate, markets simply collapse when exposed to black swan events, leaving the state and taxpayers’ money as the means of survival. Could the coronavirus kill neoliberalism too, in the same way it is killing thousands of people? With entire countries locked down […]
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“We are going to have violence in the streets”, says economist Nouriel Roubini
In an interview with Yahoo Finance American economist Nouriel Roubini said the financial crisis provoked by the coronavirus pandemic could have severe consequences for many people: “We literally are going to have riots on the street and people going to the supermarkets and taking over everything and stealing it because people are going to start […]
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Want to stop climate change for real? Say good riddance to capitalism and globalization
This Friday saw mass demonstrations against climate change across the world. In Berlin, London, Warsaw, New York and many other cosmopolitan first world cities, thousands of people gathered to give a massive sign against global warming. Many participants were school pupils, who, following the example of the now famous Swedish 16-year-old Greta Thunberg, skipped school […]
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Are IMF loans helping Ukraine?
Руссая версия A few weeks ago, a delegation of the International Monetary Fund visited Ukraine with the purpose of assessing the conditions and requirements for a further $ 1 billion loan. A four-year program of financial assistance from the IMF is in place for Ukraine, for a total of $ 17.5 billion. In March 2015, […]
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Помогают ли кредиты от МВФ Украине на самом деле?
English version Очередной визит делегации МВФ в Украине должна решить вопрос о дальнейшем выделении Киеву кредитов. В этот раз цена вопроса – 1 миллиард долларов. На Украине действует четырехлетняя программа финансовой помощи МВФ, которая предусматривает выделение 17,5 миллиарда долларов. В марте 2015 года был перечислен первый транш в 5 миллиардов долларов, в августе того же года […]
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Life in Communist times: was it so much poorer than now?
I did not grow up in a Communist country: to me life behind the Iron Curtain was the stuff of fairy tales happening in some mysterious and dark places
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Poland’s neoliberal miracle?
Economists love Poland. The history of Poland since its “liberation from the Communist yoke” is often used as the case in point to show that, yes, neoliberalism works.
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