austerity

French President Fran?ois Mitterrand gives a press conference, on May 5, 1983 at China's Great Hall of the People, in Beijing during his official visit in China.        (Photo credit should read GABRIEL DUVAL/AFP/Getty Images)

How French Socialism Built — and Destroyed — the European Union

The road to hell was paved with the good intentions of François Mitterrand.

People hold placards reading "No" during a demonstration in support of Greece, in Madrid on July 5, 2015. Today, nearly 10 million Greek voters take to the ballot booths to vote 'Yes' or 'No' in a referendum asking if they accept more austerity measures in return for bailout funds. The referendum on a deal with European governments, the European Union (EU) and International Monetary Fund (IMF), was called by Prime Minister Alexis Tsipras on the night of June 26-27.   AFP PHOTO/ JAVIER SORIANO        (Photo credit should read JAVIER SORIANO/AFP/Getty Images)

The IMF Confronts Its N-Word

The International Monetary Fund admits that it’s time to discard some of the old neoliberal dogmas.

tsipras

The Bailout Kiss of Death

Can Alexis Tsipras survive bending to the will of Greece’s creditors?

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Global Thinkers 2015 Issue Cover