Keynesian ideas are symmetrical

Quick Take: Greece is starting taking a significant step to address its fertility crisis, with the population having declined by 3.5% in the last decade. What’s Happening: Starting April, Greece will increase child benefits as part of an initiative impacting an estimated 300,000 families. The measur...

A recent study convincingly shows that for every one percent cut in regional public spending, the vote share of extreme parties increases by 1.5 percentage points in the first year and three percentage points two years after the cuts.

Aaron Irion reflects on the six-month anniversary of France's pension reform. He compares it to a similar reform in Poland, showing how neoliberal pension reforms have emboldened the far right in both countries.

Tories may also reduce stamp duty in bid to win back voters and reduce pressure on PM, reports say

A coalition of trade unions, political parties, and associations is getting ready to build a national campaign for a fair social security budget in response to the Macron’s administration austerity policies

Conservative lawmaker Chuck Grassley likes the look of Rachel Reeves’ tax proposals.

As the Seattle City Council considers massive new taxes to pay for expected spending increases, voters should ask how council members are defining "austerity."

West Virginia University is following the neoliberal creed that people should only be educated to the point of utility.

In a recently published speech in Qiushi, the Communist Party’s leading journal, Chinese President Xi Jinping voiced his opposition to Western-style stimulus measures, which Former Premier Li Keqiang and other party members share. Why it matters: This decision and its subsequent publication come ami...

Europe's largest economy has flatlined recently, showing no signs of recovery from a winter recession. The International Monetary Fund has predicted Germany will be the only major advanced economy to shrink in 2023.

Summary Inflation and interest rates remain high enough that now is not a time for 'soft landing' victory laps, but the growing and broadening evidence of price deceleration warrants a deeper dive. If the Fed's role in achieving disinflation runs through "cooling real demand," which is at the thrus...

The continent’s debt crisis is not of its making. And cutting back on public spending will only aggravate the problem.

Some 15,000 employees of Romania’s Finance Ministry went on strike on August 10 to protest the Government’s plans to streamline the management structure and cap certain benefits extended in the budgetary sector, according to the leader of the trade union, Vasile Marica. The whole...

Austerity might be driving the eurozone into a debt-deflation cycle, as higher debt and deflation feed off each other. Earlier this year, the ECB view

Decades of austerity have undermined Britain’s National Health Service, leading to staffing shortages and longer wait times. It’s a pretext for handing off more and more of the system to profiteering corporations.