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The Protective State

Politicians have always used cultural tropes in order to build popularity and even hegemony. Right now, however, it seems as if the small symbols are no longer merely semiotic in nature. Matters of nationality and cultural tradition no longer seem like window-dressing: once the state is offering to look after some of us, but not […]

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Reform or Divorce in Europe

To say that the eurozone has not been performing well since the 2008 crisis is an understatement. Its member countries have done more poorly than the European Union countries outside the eurozone, and much more poorly than the United States, which was the epicenter of the crisis www.project-syndicate.org

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Budget-related cross-border flows: EU versus US

There has been renewed interest in economic analysis of the EU budget following the Global Crisis. For each euro paid by an average net (EU member state) contributor, approximately 75 cents return through the EU budget, and 25 cents cross a border. At the margin, the US federal budget is less redistributive in normal times […]