Invisible Redistribution to Weaker Economies? The Case for EU Automatic Stabilizers
The Greek financial crisis seems finally to have been overcome, thanks to emergency European Union (EU) and International Monetary Fund (IMF) lending to the Greek government. Bondholders will have been …
Unwarranted Schadenfreude (or Why the Survival of the Euro Matters to Americans)
Schadenfreude [shahd-n-froi-duh] noun: satisfaction or pleasure felt at someone else’s misfortune It’s very tempting for Americans to roll their eyes about the debt crisis in Greece, and to treat the …
Innovation in the United States and Germany: Case Studies
As two pillars of the global economy, the status and future of applied innovation in the U.S.-German partnership constitutes a long term challenge to decision-makers on both sides of the Atlantic, albeit for slightly different, if convergent, reasons…