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A gang of wolves comes for Greece

Photo: EU Council Eurozone/flickr

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The election of an anti-austerity Syriza government in Greece signalled trouble for the powers-that-be in the European Union. Principally Germany which has no interest in rethinking how the EU operates, since it serves German interests so well, but also the most powerful European institution: the European Central Bank (ECB).

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Photo: m.p.3./flickr
| March 9, 2015
Columnists

Greek debt negotiations: A Eurozone tragedy -- or will sense prevail?

Photo: Pictoscribe/flickr

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Columnists

Another world is possible: Popular movements push back against austerity

Photo: Martin Broek/flickr

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Photo: chris-sy/flickr
| February 11, 2015
Columnists

If people prevail, austerity fails: Lessons from Greece

Image: Michalis Famelis/flickr

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Photo: bluto blutarski/flickr
| January 27, 2015
Columnists

Greece says to Europe: Drop austerity

Photo: Asteris Masouras/flickr

The victory in the Greek elections Sunday of the anti-capitalist Syriza (coalition of the radical left) led by Alexis Tsipras is being celebrated by Europeans rejecting policies that have produced over 11 per cent unemployment across the Eurozone.

The new direction for economic policy that Syriza is calling for will be opposed by the powers-that-be that imposed austerity across Europe: the so-called Troika: the European Central Bank (ECB) in Frankfurt; the European Commission in Brussels; and the International Monetary Fund in Washington, D.C.  

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Five hopeful economic events in 2014

Photo: Margot Trudell/flickr

Every year has its ups and downs, of course. But there's something about New Year's that makes one naturally want to emphasize the positive. So here is my personal list of five positive economic developments from the year past -- both globally and right here at home -- that warmed this particular economist's left-wing heart in 2014.

1. Canadian dollar falls back toward purchasing power parity

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10 lessons for Canadians from the Scottish referendum

Photo: P M M/flickr

The Scottish independence referendum offered Canadians lessons on democracy and nation.

1. Fully 87 per cent of eligible voters exercised their democratic franchise. Most impressively, 97 per cent of Scots registered to vote. Canadians turnout rates for federal elections have declined from the 80 per cent range to about 60 per cent. The Canadian permanent voter list inspires little confidence. Lower turnout rates equate with less democracy.

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