A blog on the political, economic and social causes and implications of the crisis in the Southern periphery of the Eurozone.

I'm a political scientist working on political parties and elections, social and economic policy and political corruption, with a particular focus on Italy and Spain. For more details on my work, see CV here, and LSE homepage here. For media or consultancy enquiries, please email J.R.Hopkin@lse.ac.uk.

Tuesday, March 13, 2012

Inside the German mind

In case you're completely flummoxed as to why Germany insists on the self-defeating austerity policy, and have read too much Paul Krugman, you should really check out this great policy brief from the European Council for Foreign Relations - it explains the German economic policy paradigm and its roots in the tradition of ordoliberalism.

The conclusion: don't expect the Germans to give way on this. You have been warned.