News & Events

L’Espresso, February 23, 2012 L’austerità imposta dall’Europa alla Grecia non funziona. Ma esistono ricette alternative che puntano allo sviluppo. A base di eurobond e di distretti industriali.

The Washington Post, February 19, 2012. © 1996–2012 The Washington Post About 11 years ago, James K. “Jamie” Galbraith recalls, hundreds of his fellow economists laughed at him. To his face. In the White House. A discounted poster presenting US dollars bills in circulation is seen in the visitor center of the Bureau of Engraving […]

Foreign Policy, February 13, 2012. © 2012 The Foreign Policy Group, LLC. All Rights Reserved. There’s something puzzling about the austerity bill embraced by the Greek parliament overnight. The package includes measures such as government layoffs that seem logical for a country flirting with default. But news reports are also discussing private-sector wage cuts. How […]

AP, February 12, 2012. Copyright © 2012 The Associated Press. All Rights Reserved. WASHINGTON (AP) — Why would Greece accept more pain when unemployment is at 21 percent, the economy is enduring its fifth year of recession and rioters are hurling gasoline bombs in the streets of Athens? Because the alternative might be worse. Greek […]

Bloomberg Radio, February 10, 2012. © 2012 Bloomberg L.P. All Rights Reserved. Dimitri Papadimitriou, president of the Levy Economics Institute of Bard College, discusses whether or not Greece will hold together. Papadimitriou talks with Kathleen Hays and Vonnie Quinn on Bloomberg Radio’s “The Hays Advantage.” Full audio of the interview is available here.

Marketplace, February 10, 2012. © Marketplace from American Public Media As riots in Athens grew violent today, Greek Prime Minister Lucas Papademos took a “take it or leave it” stance with his cabinet ministers. Either get behind the new austerity measures or quit. Six of them chose to leave.   On Sunday the Greek parliament […]

The Huffington Post, February 9, 2012. Copyright © 2012 TheHuffingtonPost.com, Inc. All rights reserved. The latest negotiations between Greece and its lenders have ended, at least momentarily. Athens has agreed to endure ever-more painful pension, spending, and wage cuts, with monthly minimum salaries dropping 20 percent. The powerful leaders of ”the troika”—the International Monetary Fund, […]