Linkagogo Archive 1: Germany

Stephen Hill Linkography: Deutschland

Amazing Germany - Declining Unemployment - How Do They Do It?

Blog: How's Europe Doing – posted 13 Nov 2010 - The Washington Monthly. In Germany, manufacturing still dominates finance. German capitalism didn’t succumb to the financialization that swept the United States and Britain in the 1980s’ - though Germany’s banks and financial sector did get snared in the Wall Street web.

Don't Scorn Germany and Japan; Learn From Them
Article: 29 July 2010 - Los Angeles Times. The global marketplace has become tumultuous, so when we find a bright spot, one would think it deserves a mention: Germany and Japan! Japan's economy has been and remains successful. So is Germany's. They have reached an economic steady state in which they don't need roaring growth rates to provide for their people. But for the economic Cassandras, apparently it doesn't matter if people's needs are being met; what matters is whether their theories and equations balance.

Germany Leads Europe's Wind and Solar
Energy Revolution
Article: 28 October 2008 - cafebabel.com: The European Magazine.

While Bush and other world leaders pitted the environment and energy innovation against the economy and loss of jobs, Europe has discovered that greater energy efficiency actually is good for their economy and businesses. Their efforts led to the rise of new technologies, industries and created tens of thousands of jobs.

Angela Merkel is Getting it Right
Article: 04 October 2010 - IP Global (German Council on Foreign Relations). Chancellor Merkel and French president Nicolas Sarkozy proposed sweeping financial regulatory changes. They warned the Obama administration not to block their attempts to crack down on hedge funds and derivatives, corrupt rating agencies, outrageous bank bonuses and more. Would US Treasury Secretary Timothy Geithner have dithered even more had he not been pushed – shoved, by the Europeans, led by Merkel?

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Stephen Hill Linkography: Expert Advice

Shorting Economists: The 'Experts' Keep Getting it Wrong
Article: August 19, 2010 - Truthdig. Throughout the 1990s and during the 2000s more voodoo economists likened Europe's economy to that of a "sick, sclerotic old man," until it was discovered that Europe had surpassed the U.S., creating more jobs, higher per capita growth and higher productivity. It is important that we find better measuring sticks and employ saner values for assessing what a successful economy looks like. Until then, we are flying in uncharted territory, without radar and surrounded by fog. Heaven help us!!

Austerity vs. Stimulus: Who’s Right?
Article: November 24, 2010 - Social Europe Journal. To paraphrase Denmark’s Prince Hamlet, ‘To enact austerity or not to enact austerity, that is the question.’ Unfortunately, dear Hamlet, that is a question without a sure answer. The truth is, none of the experts know what is the correct thing to do. Trichet, Bernanke, Geithner, Schäuble, Krugman, Stiglitz, Wolf, Münchau, Soros, all of them.

Japan and Germany, Often Dismissed By US Economists, See Sustainable Growth and Less Unemployment
Article Posted: 22 December 2010 – New America Media. Also posted as: Reconsidering Japan, Reconsidering Paul Krugman, 19 November 2010 – Industry News.

Throughout the 1990s, and still today, Krugman has skewered Japan’s economy, its economists and its leaders.
This criticism of Japan raises the important question: What is an economy for? To produce the prosperity, security and services that people need? Or to satisfy the theories and models of economists?

President-Elect Obama's Stimulus Plan Is Only
Half a Loaf
Article: Friday 16 January 2009 – Truthout. In announcing his economic stimulus plan, Obama unveiled some badly needed measures, including rebuilding of roads, bridges and schools and increased renewable energy production. But his American Recovery and Reinvestment Plan misses an opportunity to more directly invest in the greatest "infrastructure" of all - the American people.

Economic Democracy and Codetermination: Harnessing the Capitalist Engine
Book review: Posted 15 January 2010 - the Globalist (daily online magazine on the global economy, politics and culture).

In the aftermath of the economic crisis, the United States needs a new economic model — one that will decentralize power and put it in the hands of the workers. European advances in a distinct brand of 'social capitalism' are perhaps the most important innovations in the world economy since the invention of the modern corporation itself.

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Stephen Hill Linkography: Banks & Wall Street

Repost: Europe’s Promise & Wall Street gangsters
Book review: 28 December 2010 - Darwiniana. Posted in Critique of Evolutionary Economy by nemo. The American public is being exploited by economic pseudo-science, bad journalism, and the conspiracy of Wall Street gangsters, some of them on Obama’s sta3ff. It is a false ideology, totally out of control, and made worse by the way smart geekish types like Greenspan et al. promote it oblivious to reality. Hill’s book shows how the American system has gone astray, and how some form of social democracy can be successful.

Steven Hill: The insane prescription of the IMF
is repeated in Greece
In Greek - Press report of IPEDIS event held 18 October at the Ministry of Foreign Affairs - posted 21 October 2010, Zoom News. (Greek reference: Παραφροσύνη η επανάληψη της συνταγής ΔΝΤ στην Ελλάδα , Δημ/ση 21 Οκτ. 2010 – Zoomnews.gr (Use Google translator). Hill argued against the IMF prescriptions for ailing Greek economy. GDP alone. He calls the American Model of Capitalism, know as Wall Street Capitalism, bankrupt because that model brought economic chaos and the crisis that plunged America into recession.

Media Speculators Miss History Being
Made In Europe
Article: October 19, 2010 - Social Europe Journal. Like financial speculators, the media likes to speculate in sensationalism and hype, dedicated to advancing their goals. Financial speculators do it to make gobs of money, and the media does it to grab eyeballs for their TV shows and newspapers. During the recent Greek debt crisis, both the financial and media speculators acted up.

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Stephen Hill Linkography: Survival

Greece: Epicenter of the Debt Earthquake?
Posted: 27 November 2010 - La Progressive. Also posted at: How's Europe Doing - The Washington Monthly, 25 November 2010. Unlike the other countries I have visited where “the fear of the crisis has turned out to be worse than the crisis itself” (as one commentator told me), in Greece the impact of the economic crisis has hit like a small tsunami. My colleagues in Athens talk about declines in service, in the quality of health care and other dents in the Greek system that they are experiencing.

Despite the Crisis, Europe Is the Model for the World

Interview in Czech: 23 February 2011 - Lidove Noviny. Czech title : Evropa je i přes krizi pro svět vzorem – 23 února 2011, Lidove Noviny. (Use Google translator). In this exclusive Q&A interview with the prominent Czech newspaper Lidove Noviny, Hill is questioned primarily about his book, the economic policies of the EU, the Euro crisis, prospects for the future of an integrated Europe and more. See also>>

The Greek aftershock - Will it make or break Europe?
Article: February 19, 2010 – Social Europe Journal. After the earthquake come the aftershocks. That is a law of geophysics, and now apparently of economics. Well over a year ago, the world economy suffered a massive economic quake of 8.0 on the Richter scale. Since then different countries have been experiencing a number of aftershocks.

Steven Hill re Europe’s Promise: Q&A
Interview aired (audio): 30 May 2010 - A Terrence McNally Podcast.

The European Union, 27 member nations with a half billion people, has become the largest, wealthiest trading bloc in the world. Americans are hearing a lot about the trouble Europe is in. The debt crisis in Greece, and perhaps Spain, Portugal, and Italy, is threatening the Euro and the European Union. What's really going on? How did it happen? How bad is it? How will they deal with it? And what does it mean for the rest of the world and for the US in particular? These are the questions Hill takes on during this lengthy Q&A interview.

Europe and its Revolution - Part 1
Posted in Italian: 30 November 2010 - Europe and its revolution By Francesca Cannino. (Italian original: L’Europa e la sua rivoluzione 1/2, 30 Novembre 2010 – Gli Euros, Par Francesca Cannino (traduttrice) .
Europe and its Revolution - Part 2
Posted in Italian: 13 December 2010 - Europe and its revolution By Francesca Cannino. (Italian original: L’Europa e la sua rivoluzione 2/2, 30 Novembre 2010 – Gli Euros, Par Francesca Cannino (traduttrice) Use Google translator). There is no doubt that Europe can sometimes appear in disarray reeling from one apparent crisis to another. It is facing challenges that seem impossible… Yet in the end, it always gets the job done as is characteristic in a united Europe for the last 60 years.

The Silver Lining of the Greek Debt Crisis
Posted April 7, 2010 - Huffington Post. Greece's debt situation has pundits taking out their crystal balls trying to divine the future not only of Greece, but also the euro and Europe. Every news outlet from the New York Times to National Public Radio has joined the chorus of gloom and doom.

Author Steven Hill on Greece’s debt and the euro
Panel discussion (audio): 15 February 2010 on the BBC World Newshour. Presenter James Menendez discusses Greece’s debt crisis with a panel that includes Steven Hill and Tommaso Padoa-Schioppa, the Italian politician who died a few months after this interview. He was one of the architects of the single European currency.

Steven Hill and Europe's Promise: AICGS Podcasts

Podcast interview (audio): 27 May 2010 - Dr. Jackson Janes, American Institute for Contemporary German Studies. Steven Hill and Dr. Janes discuss Hill's book and examine the question: Is Europe too big to fail? They also discuss Europe's ability to weather the Greek crisis, and whether or not Europe has the necessary leaders at the national and European levels to push it into the future.

Dave Ross Show interview with Steven Hill
Talk radio interview (audio): 15 March 2010 - KIRO-AM 710 in Seattle with host Dave Ross. While the effects of the global financial crisis continue to be felt worldwide Hill discusses how Europe has managed to weather the storm better than the US.

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