Homeowners are a fiscally privileged class. We map four fresh indicators of this "hidden homeownership welfare state" for 37 countries (1900-2020) to find an increase of fiscal homeownership support in recent times. Generally: Social security upside down...
"But would not the Stability Pact lose all credibility if the debt rules were eased further?"
"You can also lose credibility by sticking to rules that have become economically nonsensical."
This is a "BOOM" answer by ESM Director Klaus Regling
https://t.co/3m47wC26ps
I refuse to believe anyone who has read this piece, for example, could read Krugman today and think what he's saying about MMT is close to accurate.
https://t.co/znyM2BPcqM
My text on how fiscal austerity promoted the rise of the Nazis in the early 1930s, and how misremembering Weimar history contributes to unwarranted hyperinflation fears today is now available at @BRAVENEWEUROPE1:
https://t.co/QhrecfXGIE
I wrote a substack post on how fiscal austerity is linked to electoral success of the Nazis in the early 1930s, and why we must urgently avoid that the hyperinflation history of the Weimar Republic is misused to call for tightening economic policy now:
https://t.co/aqKjzD60YH
@austin_hayden Not to forget the real anxiety of falling through society’s cracks, more pressing for some demographics than others. Inadequate identification with these has been sending many looking down pretty psychopathological political avenues.
Crazy day and thank you everyone for kind messages... a few people have asked so prints/framed are available through @Inphosports at https://t.co/656xvCotbQ
This is a thread on #vaccination, originally by @StefanLeifert, translated into English because there seems to be interest. Translated with https://t.co/nH1Rn8eDqD (free version) (plus some editing by me). /1