Né Keynes, né liberisti: l’Europa punta sull’hi tech

Discussions at this ASL session got underway with the observation that the current economic woes are indicative not of a simple downturn but of a profound crisis, which calls for a radical alteration in lifestyles and development models. It was felt that without such far-reaching changes, levels of growth throughout Europe will continue to be very low in the coming years, in part because it will be impossible to kick-start development and employment without incurring some cost.