Forget about growth without a level playing field for all SMEs

Less than 24 hours after a widely advertised Press conference held by Barroso, Rehn and Andor, where all of them were talking about “strengthening the recovery”, recovery in Eurozone was reported as fading away, being one decimal point away from total freezing that is zero, or numerical death. It is as if reality wanted to […]

Mood changes in Europe in favour of growth and jobs

Economics is primarily a social not a mathematical science. Forgetting that may lead mathematicians to create toxic investment products like complicated derivatives, which have no other purpose than to cheat people. This misunderstanding may also lead executives like László Andor, EU Commissioner for Employment, Social Affairs and Inclusion, to talk about ‘labour market’ as if […]