European
Acting Man: Pater Tenebrarum
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Feeling the Heat of a Civilization on the Downside
An Epic Folly for the Ages Today we begin with a list. A partial list. And in no particular order… Angela Merkel. Donald Tusk. Mario Draghi. Donald Trump. Jerome Powell. Shinzo Abe. Haruhiko Kuroda. Theresa May. Boris Johnson. Mark Carney. Xi Jinping. Emmanuel Macron. Vladimir Putin. Justin Trudeau. Juan Trump. And many, many more… Politicians and bureaucrats of the modern age of statism and central planning… fighting a rearguard...
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“We’re All Socialists Now”
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How Do Stock Prices React to Rate Cuts by the Fed?
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Silver Remains a Monetary Metal – Precious Metals Supply and Demand
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Fed Chair Powell’s Plan to Pickle the Economy
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Paul Tudor Jones Likes Gold
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The Italian Job – Precious Metals Supply and Demand
Bruegel Think Thank
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Deep Focus: Making a success of EU cohesion policy
Bruegel senior fellow Zsolt Darvas talks to Sean Gibson in this Deep Focus podcast about how the EU can improve its cohesion policy, citing the best examples of its implementation and stressing the methodological difficulties in measuring its effectiveness. By: The Sound of Economics Date: June 20, 2019 Topic: European Macroeconomics & Governance Cohesion policy remains a...
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Uncertainty over output gap and structural-balance estimates remains elevated
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The campaign against ‘nonsense’ output gaps
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A strategic agenda for the new EU leadership
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China and the world trade organisation: towards a better fit
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Director’s Cut: A strategic agenda for the incoming EU presidents
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Liability: When Things Go Wrong in an Increasingly Interconnected and Autonomous World: A European View
Chris Dillow: Stumbling and Mumbling
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The recrudescence of zero-sum thinking
President Trump believes we live in a zero-sum world in which one country’s gain is another’s loss. This is evident in his reaction to Mario Draghi’s comment this week that additional monetary stimulus will be needed if euro zone inflation doesn’t rise. Trump tweeted: Mario Draghi just announced more stimulus could come, which immediately dropped the Euro against the Dollar, making it unfairly easier for them to compete against the USA. They...
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New Labour: success and failure
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The Johnson puzzle
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The Tories’ structural weakness
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How inequality makes us poorer
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Debating the far right
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On media influence
David Smith’s EconomicsUK
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Our export prospects can burn bright – as long as we dodge a no-deal Brexit
Our export prospects can burn bright - as long as we dodge a no-deal Brexit Posted by David Smith at 09:00 AMCategory: My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. What will lift us out of the doldrums, this period of very weak growth and flatlining productivity Britain’s economy is stuck in? It will not, I judge, anything to do with Brexit. A survey of economists by Consensus Economics...
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Johnson’s dead cat tactics on tax and a no-deal Brexit
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As growth stagnates, we yearn for the go-go days of the 80s
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London bankrolls the rest of the UK – and that’s not healthy
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When China sneezes, the world catches a cold
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EU workers are returning – but maybe not for long
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There’s no need to sacrifice growth to save the planet
Ecconomistmeg
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Argentina’s Options: What happens after default?
Argentina’s Options: What happens after default? Argentina is probably going to default tomorrow. An Argentinian debt default would clearly not be good for the country economically, but contagion would probably be limited and far less hard hitting than its previous 2001 default. If Argentina does default tomorrow, the biggest casualty would be the process of sovereign debt restructuring, which would become chaotic and haphazard. How...
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Will the ECB’s Actions Be Enough?
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A shift in German policy? Not so fast!
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The Eurozone’s Imperfect Banking Union
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How Germany Just Undercut the Euro
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Berlusconi Prepares a New Italian Drama
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Bulgarian Election Shows Need to Clean House
IFO Institute
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ifo Institute: Economic Experts Fear Tariff War Will Shrink World Trade
International economic experts fear that the tariff war between the US, China, and Europe will lead to a decline in world trade. This is the result of the World Economic Survey conducted by the ifo Institute among 1,130 economists worldwide. When asked to name the most significant consequence of the higher tariffs, the predominant answer was “less trade.” This answer scored 1.7 on a scale of 1 to 3, where 1...
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ifo Economists’ Panel: Economists Do Not Expect East German States to Catch up Any Further
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CESifo Newsletter 2019/04
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Légère amélioration de l’indice ifo du climat économique mondial
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ifo World Economic Climate Recovers Slightly
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ifo President Fuest Calls for a “Europe of Opportunity” Instead of “Europe As a Fortress”
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Clemens Fuest, le président de l’Institut ifo, oppose sa vision d’une « Europe des chances » à celle d’une « Europe-forteresse »
On French Politics
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America’s Orwellian Left
Share the post "America’s Orwellian Left" John Michael Colón’s excellent essay on democratic socialism and the contemporary American left centers around George Orwell’s Animal Farm. As Colón writes, the book is mainly known as a warning against revolutionary politics in general, a tale of “supposed revolutionaries” who “produced a dictatorship perhaps only distinguished from the old one by being even worse.” One of the...
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Introducing Tocqueville 21’s Revue de Presse
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The Republicans Temporize
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Restricting the Ballot, to Save Democracy
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Lithuania Bucks the Trend
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The Religion Card: Islamophobia and Political Islam in Asian Democracies
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The Problem with the Horse’s Mouth: The Case for the White House Press Briefing
Political Thoughts – The Magazine
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Shed tears for this world
Many years ago I was walking across the fields of southern Anatolia watching the men scything wheat in the shimmering heat. I sat to drink. A song of loneliness and yearning came from a minaret half a mile away and the men in their baggy trousers came and sat next to me offering flat bread.I remember sleeping in Normandy in a hotel above a bar on a bowed bed. In the morning walking to the boulangerie for hot bread, queuing behind the...
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Boris Johnson must explain Brexit to win the country.
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Why don’t the English want to be in the EU?
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IMF and Treasury Predict WTO Brexit will be Fine!
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The Reality of the EU
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The Case against Philip Hammond and HM Treasury
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The case against George Osborne, Philip Hammond and the Treasury
Protesilaos Stavrou
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Against the secularised theology of statecraft
I reject nation-statism 2019-06-14 This article is a continuation of my previous posts. Read them to get a sense of the context: The central ideology of statecraft and of international relations in general is nation-statism, i.e. the conferral of personhood to the construct of the nation-state. Nation-statism combines the three present entities of the nation, the state, the homeland into an imaginary being. The nation-state...
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After Capitalism
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The extreme right is the new right
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Note on supporting free culture
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On Gigantism
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Changing ways: the real bread paradigm
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Changing ways: the real bread paradigm
Antonio Fatas
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Libra: not a currency board and (maybe) not a stable currency
Libra, the cryptocurrency backed by Facebook (and the other members of the Libra association) was announced yesterday. The web site and the white paper refer to the new currency as a stable currency:"Libra is designed to be a currency where any user will know that the value of a Libra today will be close to its value tomorrow and in the future." The stability is guaranteed by the intrinsic value of the coin, a result of the assets...
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This time might not be different
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The 2020 (US) Recession
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How low is low for Chinese GDP growth?
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Global Rebalancing
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Digital money and payments
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Is the Great Moderation back?
Craig Willy
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The Romanian Palimpsest
The foreigner in Romania is immediately struck by the country’s hybrid culture. This is obvious from the first words one learns to garble: piața (very close pronunciation to Italian’s piazza), mersi (from the French merci, though the “r” is a little more rolled), da (yes…), or even bacşiş (baksheesh). We then have a mysterious mélange of Western and Eastern Europe, the Romanian roots are decidedly mixed. Like in any country, the stages of...
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Krugman Vindicated?: Eurozone Debt Apparently Falling
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ECB’s Cœuré Calls on Politicians to Hurry Up and Build the Eurozone Superstate and Federal Budget
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Why is so much official EU art ugly?
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Draghi: EU is “most advanced experiment” in transnational government
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Eurostat: Women Outnumber Men 2-to-1 in Teaching Across Europe (But Still Under-Represented in Universities)
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Why is free Kosovo providing highest number of “asylum-seekers” to the EU?
Il fatto quotidiano Alberto Bagnai
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Alberto Bagnai – Il Fatto Quotidiano
Guardate questo breve scambio su Twitter: Paolo Cirino Pomicino sostiene che l’entrata nell’euro non fu di per sé un errore: l’errore fu entrarci al cambio sbagliato. Alla richiesta di precisare quale sarebbe stato quello giusto, precisa: “poco più della metà”. Insomma, il cambio corretto, secondo Cirino Pomicino, sarebbe stato di circa 1000 lire per euro (la conversazione, se interessa, è qui). Qualcuno penserà: “Chiacchiere del sabato...
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Orlando privatizza la giustizia online
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Orlando privatizza la giustizia online
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I disoccupati “veri” in Italia sono il 30%: più che in Grecia
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I disoccupati “veri” in Italia sono il 30%: più che in Grecia
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Non è il libero commercio che favorisce i lavoratori
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Non è il libero commercio che favorisce i lavoratori
Craig Willy
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The Romanian Palimpsest
The foreigner in Romania is immediately struck by the country’s hybrid culture. This is obvious from the first words one learns to garble: piața (very close pronunciation to Italian’s piazza), mersi (from the French merci, though the “r” is a little more rolled), da (yes…), or even bacşiş (baksheesh). We then have a mysterious mélange of Western and Eastern Europe, the Romanian roots are decidedly mixed. Like in any country, the stages of...
Read more » -
Krugman Vindicated?: Eurozone Debt Apparently Falling
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ECB’s Cœuré Calls on Politicians to Hurry Up and Build the Eurozone Superstate and Federal Budget
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Why is so much official EU art ugly?
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Draghi: EU is “most advanced experiment” in transnational government
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Eurostat: Women Outnumber Men 2-to-1 in Teaching Across Europe (But Still Under-Represented in Universities)
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Why is free Kosovo providing highest number of “asylum-seekers” to the EU?
Centre for European Reforms
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Time for a regime change in Frankfurt
In recent years, the European Central Bank’s (ECB) monetary policy has been half of what is necessary, two years late. To get eurozone inflation back to its ‘close to 2 per cent’ target, the ECB needs to be much bolder. The ECB’s meeting on March 10th is shaping up to be one of its most anticipated. Inflation remains far below target and market expectations of future inflation have hardened at very low levels, indicating that investors have...
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The refugee crisis: Fixing Schengen is not enough
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Deal done: Now for the hard work
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Would an ‘independent’ Britain want to join the single market?
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China’s European charm offensive: Silk Road or Silk Rope?
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Merkel after Paris
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Terrorism in Paris: Aux armes, citoyens?
Il fatto quotidiano Alberto Bagnai
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Alberto Bagnai – Il Fatto Quotidiano
Guardate questo breve scambio su Twitter: Paolo Cirino Pomicino sostiene che l’entrata nell’euro non fu di per sé un errore: l’errore fu entrarci al cambio sbagliato. Alla richiesta di precisare quale sarebbe stato quello giusto, precisa: “poco più della metà”. Insomma, il cambio corretto, secondo Cirino Pomicino, sarebbe stato di circa 1000 lire per euro (la conversazione, se interessa, è qui). Qualcuno penserà: “Chiacchiere del sabato...
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Orlando privatizza la giustizia online
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Orlando privatizza la giustizia online
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I disoccupati “veri” in Italia sono il 30%: più che in Grecia
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I disoccupati “veri” in Italia sono il 30%: più che in Grecia
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Non è il libero commercio che favorisce i lavoratori
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Non è il libero commercio che favorisce i lavoratori
Antonio Fatas
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Libra: not a currency board and (maybe) not a stable currency
Libra, the cryptocurrency backed by Facebook (and the other members of the Libra association) was announced yesterday. The web site and the white paper refer to the new currency as a stable currency:"Libra is designed to be a currency where any user will know that the value of a Libra today will be close to its value tomorrow and in the future." The stability is guaranteed by the intrinsic value of the coin, a result of the assets...
Read more » -
This time might not be different
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The 2020 (US) Recession
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How low is low for Chinese GDP growth?
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Global Rebalancing
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Digital money and payments
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Is the Great Moderation back?
Il fatto quotidiano Alberto Bagnai
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Alberto Bagnai – Il Fatto Quotidiano
Guardate questo breve scambio su Twitter: Paolo Cirino Pomicino sostiene che l’entrata nell’euro non fu di per sé un errore: l’errore fu entrarci al cambio sbagliato. Alla richiesta di precisare quale sarebbe stato quello giusto, precisa: “poco più della metà”. Insomma, il cambio corretto, secondo Cirino Pomicino, sarebbe stato di circa 1000 lire per euro (la conversazione, se interessa, è qui). Qualcuno penserà: “Chiacchiere del sabato...
Read more » -
Orlando privatizza la giustizia online
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Orlando privatizza la giustizia online
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I disoccupati “veri” in Italia sono il 30%: più che in Grecia
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I disoccupati “veri” in Italia sono il 30%: più che in Grecia
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Non è il libero commercio che favorisce i lavoratori
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Non è il libero commercio che favorisce i lavoratori