Politics Economics
The Sick Man of Europe Risks a Relapse
Germany’s economy looks good, but consider the low productivity growth.
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Dow Jones
Joseph C. Sternberg
Editorial-page editor, Europe, The Wall Street JournalJoseph C. Sternberg is editorial-page editor and Political Economics columnist for the Journal's European edition. He joined the Journal in 2006 as an editorial writer in Hong Kong, where he also edited the Business Asia column.
Articles
Political Economics
Finding the Right Right for Europe
As ruling conservative parties go to pieces, the hunt is on for a new kind of leadership.
The question is not whether recent interventions by central banks were effective, but whether they were legitimate. Joseph C. Sternberg reviews “Unelected Power” by Paul Tucker.
Political Economics
Don’t Count on an Aging Germany to Save the Euro
Berlin has a responsible fiscal policy, but it faces a demographic crisis worse than anywhere but Japan.
Political Economics
Follow the Money—and Macron’s Vision—to Europe’s Future
While grand reforms falter, big changes hide in the minutiae of a new EU budget negotiation.
Political Economics
When Governments Refuse to Choose
The U.K. attempted the ‘conservative’ alternative to Paul Ryan. The results haven’t been pretty.
Political Economics
Britain’s Monetary ‘Stimulus’ Has Fed the Pension Crisis
Ultralow interest rates widen the gap between assets and liabilities as expected returns plummet.
Political Economics
Consumers Make Their Own Case Against Abolishing Cash
Paper money becomes more popular as monetary policy becomes less so. That’s good for democracy.
Political Economics
The EU’s Hungary Problem Is the EU
Prime Minister Viktor Orban masters Europe’s legalisms while flouting its democratic aspirations.
Political Economics
The European Union’s Democracy Deficit
To make the bureaucracy more accountable, leaders in Brussels consider a plan for a quasi-president.
POLITICAL ECONOMICS
Italy’s Political Genius
An honest unstable government may be better than one with a pretense of stability.
