[If you have read ANY of the Facts #1 through # 7 of the current series, you have already read the premise. Thus, you should skip it and proceed to read Fact # 8 below]

Premise

On October 5, 2014  I decided I should embark on writing a series of short newspaper-like articles with the goal of attracting attention to explanations of the current situation of the Italian economy alternative to the ones offered by the (overwhelmingly neoclassical) austerity lovers. While I had not planned to publish both in Italian and in English, the ‘likes’ I got on the first three pieces in Italian convinced me that I should go the extra mile and publish them in English as well.

Of course, ‘likes’ on socials are not the only reason to publish in English. My preoccupation is that even many foreign colleagues of valor tend to adhere, along with the foreign general public, to judgments about the Italian economy that are not facts at all but, rather, judgments presented as facts. I thought it would be worthwhile to alert colleagues and public alike: when reading austerians, please take what you read cum grano salis, my friends!

And here is Fact # 8

Continue reading “FACT # 8 GOVERNMENT OUGHT TO SPEND MORE IN R&D” →

(Poi ognuno allochi le responsabilità come meglio crede, ma possibilmente pensando agli effetti dell’austerità)

Il quesito che poniamo oggi è questo: che cosa si aspetta Lei da una Unione in una situazione di crisi?

Continue reading “Solo una definizione e qualche numero” →

[If you have read ANY of the Facts #1 through # 6 of the current series, you have already read the premise. Thus, you should skip it and proceed to read Fact # 7 below]

Premise

On October 5, 2014  I decided I should embark on writing a series of short newspaper-like articles with the goal of attracting attention to explanations of the current situation of the Italian economy alternative to the ones offered by the (overwhelmingly neoclassical) austerity lovers. While I had not planned to publish both in Italian and in English, the ‘likes’ I got on the first three pieces in Italian convinced me that I should go the extra mile and publish them in English as well.

Of course, ‘likes’ on socials are not the only reason to publish in English. My preoccupation is that even many foreign colleagues of valor tend to adhere, along with the foreign general public, to judgments about the Italian economy that are not facts at all but, rather, judgments presented as facts. I thought it would be worthwhile to alert colleagues and public alike: when reading austerians, please take what you read cum grano salis, my friends!

And here is Fact # 7

Continue reading “Fact # 7: School and University are Good, Labor Demand is Inadequate” →

As I foresaw a few days back, thanks to the January 25 victory by Syriza in the Greek Paliamentary elections and the subsequent birth of the first pro-growth Government in the Economic and Monetary Union (UEM), we finally have the chance to debate the ‘destiny of the Union’. Which is something that we could not have done for years, ever since the austerians sized power and took hold of 19 governments out of 19. Now that the die-hard of austerity, those of the sophisticated thought political and economic, those of the ‘debts must be paid”, are only 18, the dictatorship of the austerian thought can be challanged, because that small ‘1’ makes a difference. Now we can be heard, now there is one Government to whom the unemployed, the intellectuals, the large majority of economists, who reject austerity but whom the politicians to not want to hear, politicla minorieties, etc. can look up to. We can speak. Which may turn ut to be the starting point of a path leading out of the devastation that the austerians are actively promoting since 2009.

Let us see why. Continue reading “WOULD YOU LEND TO SOMEBODY WHO PROMISES TO SAVE? AND TO SOMEBODY WHO ASKS YOU FOR HELP TO GET RICH?” →