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Many EU Member States, including Italy, have been clamouring for it. The European Commission has to decide whether or not to grant it: we’re talking about flexibility. But exactly what is flexibility? ...more
We refer to the interview Varoufakis gave the Dutch newspaper ‘de Volskrant’ on 24 December when he hit out at some of the most influential members of the EU institutions. But then, in a post published that same night on his blog, he mitigated his lambaste by revising his statements. ...more
100 years have now passed since “the lamps went out all over Europe”. One century after the World War I, the current events over the international political panorama display some similarities with the state of play before 1914. This could be a recurring statement from a pessimist observer, but it will make much more sense whether this point of view is shared by one of the greatest living historians; if we also take into account that the historian we are talking about is Margaret MacMillan, who probably is the most authoritative expert of WWI dynamics, we should better look at the international situation with unprecedented attention and clarity of mind to interpret current facts properly. ...more
Richard Davenport-Hines has written a eulogy on what he aptly calls The Seven Lives of John Maynard Keynes. It’s not that Keynes lived these lives consecutively, but pretty well simultaneously. In order to make his case clearer, Davenport-Hines considers the seven lives separately, and thanks to the excellence of his prose, the biography comes to life seven different times. ...more
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