Following-up on my extensive post last week, some more evidence of the ongoing ‘reappraisal’ of the positive growth consequences of immigration that is taking place among economists: Immigration, Jobs and Wages Theory, Evidence and Opinion by Christian Dustmann and Albrecht Glitz.

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A self-proclaimed lifelong conservative and executive in the US financial industry doesn’t like what he sees around him in corporate behavior much more than Franz M?nterfering does:

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Delving into [...]

Briefly following up on Tobias’ post below: DeLong has re-thought and amended his remarks on G?nter Grass.
(Thanks, Henry, for the pointer.)

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For what it’s worth, I didn’t think much [...]

The European Court of Human Rights ruled has just ruled that the trial of Kurdish leader Abdullah Ocalan, which took place six years ago, was unfair. Turkey has already suggested that it is willing to conduct a retrial. Those of us who favour the proposal that Turkey should eventually join the EU, but who [...]

“I can’t really say that I’m myself,” he thinks. “I don’t know who I am. . . . I am the late Mattia Pascal.” So speaks the anti-hero of one of Italian writer Luigi Pirandello’s better known novels “Il fu Mattia Pascal” (The Late Mattia Pascal).
Mattia Pascal endures a life of drudgery in a [...]

Provisional GDP numbers for eurozone countries in the first quarter are out today. The German economy surprisingly bounces back, whilst Italy is now officially in recession after two quarters of contraction. Also worthy of note is that the Dutch economy contracted slightly in the first quarter, which may have some implications for the forthcoming constitution [...]

Two days ago, Brad DeLong published an unfortunate post with an even more unfortunate title - “G?nter Grass minimizes the Holocaust” - in which he harshly criticised the German Nobel laureate G?nter Grass and even called him “Nazi scum”, an accusation he retracted later following intense criticism on his own blog as well as on [...]

First a bit of ‘breaking news’ for German readers: the main factor which has lead to the massive round of cost cutting and staff reductions in Germany has not been the activity of a small group of hedge funds, the main culprit, let’s get it out of the cupboard, has been the high euro.
Whilst the [...]

Apropopos this post Edward’s post on fistful a couple of days ago, an observation. I find it remarkable how when people discuss these issues, (the working age population declining) no one ever talks about female participation in the work force. In some euro countries it’s pretty low, and an increase could make a real difference. [...]

Happy thoght about the British elections. No one else seems to thought of this angle:
Isn’t this like the first time in living memory that a party has made anti-immigration message the centerpiece of its campaign and not only didn’t succeed, but possibly maybe, lost votes because of it? I think in Europe it’s literally [...]