European trade unions and many progressive parties simultaneously ask for lower European budgetary constraints to counteract recession, while agreeing with austerity at home. But there's a way to resolve this contradiction – and to reverse depressive tendencies, foster growth and increase competit
Roger Scruton (Unreal Estates) argues for a remoralised economy in response to Europe's debt crisis. But this is fully consistent with a strong defence of the Euro, of strong central action against speculators and of political reform and rejuvenation of Europe's institutions
The myths of monetary policy, the dangers of austerity, the need for a reconstruction of the real economy - these have to be understood. Also, the failure of Europe’s political vision.
