What if the peseta comes back?

Published in Expansión

The situation in Europe is worrying and we need to be realistic about it. It is not a matter of arguing about what it should be or what we would like it to be, but of understanding what it really is. To put matters into perspective we need to remember that the construction of Europe …

READ MORE >>

Reform is not enough: we must reboot the system

Published in Expansión

The economic and financial crisis that the western world and, in particular, Spainare now suffering is the Great Debt crisis. Although each country has its own particular features, the common factor is excessive borrowing, first in the private sector, now in the public sector as well. How did we get into this situation? For the …

READ MORE >>

A worn-out system

Published in Expansión

A few years ago, one of the founding fathers of Spain’s 1978 Constitution told me that its text had been achieved through an on-going process of total improvisation. Back then I found this hard to accept because I had been swayed by the huge myth-building which surrounded the whole process. That’s no longer the case. …

READ MORE >>

The emperor has no clothes

Published in Expansión

The Welfare State as we know it is unworkable and verging on bankruptcy. It set out to protect everyone and has ended up abandoning precisely those persons who need it most. We must have a workable system of social protection and, in order for it to be just that, workable, we must face the facts …

READ MORE >>