Facebook is regularly in the news as a force disrupting democratic politics across the globe but what if democracy could be the model to save Facebook? The social network connecting 2.2 billion people has had a rocky time of late. From the alleged malevolent interference by foreign actors in the last US Presidential election via […]

Observers of German politics are witnessing a rather puzzling drama. More than four months after the election there is still no new government and the last hope to form one hinges on a membership ballot of the Social Democratic party. If party members vote down the coalition agreement, new elections are unavoidable. They would take […]

The digital revolution, used here as shorthand for broader technological change, is one of today’s most hotly debated topics in politics, economics and business. It makes politicians wary about which preparatory policies to pursue, economists ponder productivity increases and trade unions think about the future of work. We are undoubtedly faced with large-scale disruptions in […]

There has been a buzz recently about the idea of a Universal Basic Income (UBI) and why it could be a solution to technological unemployment. VOX reported a few days ago that Y Combinator, a start-up incubator, is about to start a five-year research project on how a UBI could work. Noah Kulwin over at re/code […]

I have long been mulling over how much money the German government has actually saved as a result of the Greek/Eurozone crisis. It has been clear that crisis-driven capital inflows into Germany have led to higher demand for government bonds. As a result prices went up and yields down. If you manage a debt stock of […]

I will be writing about the Labour Party and its political soul-searching in the coming weeks. But I want to make a more general point right at the beginning of this process that will have a significant impact on how Labour, and indeed the Conservative majority government, should position itself in the new political landscape […]

Social Europe Journal has just published its latest Research Essay “Public Capital in the 21st Century” by Giacomo Corneo. The main argument of the paper is that the state should become a kind of investment state in order to make sure that high returns on capital do not further increase inequality but benefit the wider public. […]

You might have heard about recent reports stating that global inequality is decreasing. This is a nice example of constructing the comparison according to the result you would like to see. Yes, inequality between countries has declined but the most important comparison is what is happening to inequality within countries as this tells you how the distribution system, that […]