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We need a new social contract – not just austerity
Written by Daniel Vekony
When economic growth is not a given anymore, how can democratically elected governments trigger growth, maintain the welfare state and keep public spending down all at the same time? The answer is easy: they simply can’t. European welfare states have come to a crossroads. On the one hand, private investors […]
Read all posts for ‘budget balance’
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The era of “The State should give me” must end
Written by icostachi
Imagine the public budget as a big cake. The biggest slices cover expenses for pensions, education, unemployment benefits, medical insurance, social assistance, etc. Together they make up the components of the welfare state on which we rely so much. If one slice of the cake gets bigger, the other pieces […]
