The schizophrenic ideologies of the global economic order
In the Gastwirtschaft column of the Frankfurter Rundschau newspaper, Carsten Herrmann-Pillath writes about the different economic ideologies of China and the USA, which he describes as schizophrenic: the ideology hardly corresponds to actual practices. In his opinion, Europe must develop a new economic ideology in this situation that is ‘also viable for a new world economic order’.
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