European
Vox EU
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The lasting impact of the Taiping Rebellion
Stationary bandits, state capacity, and the Malthusian transition: The lasting impact of the Taiping Rebellion How do civil wars shape a country’s development? And what are the underlying mechanisms? The past decades have witnessed a surge of this literature (e.g. Blattman and Miguel 2010), most of which deals withthe economic legacies of war and conflicts. Still, the long-term impacts of war, as well as the key mechanisms...
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Commuting time and family labour supply decisions
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Aggregating labour supply elasticities
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The minimum wage, income tax credits, and criminal recidivism
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Cryptocurrencies: Financial stability and fairness
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Market-expanding network effects in bike sharing
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Sovereign debt, banks, and firms’ investment in Italy
Acting Man: Pater Tenebrarum
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US Stock Market – Re-Coupling with a Panic Cycle?
The Mighty Gartman Investment newsletter writer Dennis Gartman (a.k.a. “the Commodities King”) has been a target of ridicule at Zerohedge for a long time. His pompous style of writing and his uncanny ability to frequently make perfectly mistimed short term market calls have made him an easy target.* It would be quite ironic if a so far quite good recommendation he made last week were to turn into the call of a lifetime (see ZH: “Gartman: ‘We...
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When Fake Money Becomes Scarce
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Revisiting the Halloween Effect
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The Myth of Capitalism – A Book by Jonathan Tepper
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Wizard’s First Rule – Precious Metals Supply and Demand
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Roger Barris for Congress!
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Pushing Past the Breaking Point
Bruegel Think Thank
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US mid-term elections and the global economy
Democrats won control of the House and Republicans held onto the Senate in the most consequential US mid-term elections in decades. Bowen Call reviews economists’ and scholars’ analyses of the impact this might have on the world economy. The world had a keen interest in this year’s mid-term elections. John Kotch argued that, except in times of war, American elections are typically decided on domestic issues, but the long-run impact is...
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Backstage: How think-tanks can make themselves heard in an information-rich world
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Learning for decarbonisation
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Director’s Cut: Options yet open for a Brexit deal
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Post-Brexit transfers of personal data: The clock is ticking
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The consequences of Italy’s increasing dependence on domestic debt-holders
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Euro area reform: An anatomy of the debate
London School of Eco. Blog
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Have British judges already left the EU? The impact of the Brexit vote on EU law in the UK
In principle, EU law still applies in the UK until the day the country formally leaves. However, as Arthur Dyevre writes, the UK’s impending exit may have already altered the application of EU law in British courts. Drawing on new research, he explains that UK courts have submitted substantially fewer questions to the Court of Justice of the European Union since the Brexit referendum – a situation that could be made further complicated if the...
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A decisive political battle: What the statute of limitations tells us about Italy’s ruling coalition
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Book Review: 99 Theses on the Revaluation of Value: A Postcapitalist Manifesto by Brian Massumi
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Germany’s non-rebalancing of its mercantilist model
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The fight for succession – the CDU leadership battle heats up
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What can Carl Jung tell us about the appeal of populist politics?
The Market Monetarist
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The blog has MOVED to mamoadvisory.com
Markets & Money Advisory’s website is now up and running. You find it here. If you normally receive mails from The Market Monetarist you in the future instead will receive mails from Markets & Money Advisory instead. As a general rule we will try to avoid spamming our followers, readers and clients so we will try to only send out the newsletter once a week – unless there is “breaking news” such as key monetary policy announcement or...
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New Markets & Money Advisory website
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MTB Cast #3: Inflation worries hitting the markets?
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Reflections on the Fed hike
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FOMC preview – please hike, but be careful going forward
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MTB cast #2: Icelandic currency controls, the Fed and European central bankers
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MTB cast #1: Czech inflation to rise above 3%
IFO Institute
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ifo World Economic Climate Deteriorates Further
Results of the ifo World Economic Survey (WES) for the 4th Quarter 2018 Press Release (PDF, 69 KB) The ifo World Economic Climate deteriorated for the third time in succession. The indicator dropped from +2.9 points to -2.2 points this quarter. Assessments of the current economic situation deteriorated significantly, but nevertheless remain above their long-term average....
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Selon l’Institut ifo, le climat économique mondial se détériore encore
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Eastern Germany Faces Second Phase of Structural Change
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ifo Viewpoint No. 200: The Third Type of Inter-System Competition: Europe and the Rise of China
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ifo Economic Climate for the Euro Area Grows Harsher
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Le climat des affaires dans la zone euro se durcit, d’après l’Institut ifo
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ifo Newsletter October 2018
Chris Dillow: Stumbling and Mumbling
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Beer, & economic determinism
Devarshi Lodhia has a nice piece on the decline of the pub. I wonder, though: to what extent are the social and cultural changes that have contributed to their decline a product of raw economics. My chart shows what I mean. It shows that since the mid-80s the price of beer in pubs has doubled relative to its price in shops. Today, for example, you can get 12 cans of Lager at Tesco for £8.50, which means that a pint of beer is 4.2 times as...
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Contrarians in public life
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Stabilization policy with ignorance
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Not wearing a poppy
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The triumph of the liberal technocrats
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Halloween, finance and ideology
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Not debating diversity
David Smith’s EconomicsUK
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How we won the Great War but lost the economy
How we won the Great War but lost the economy Posted by David Smith at 09:00 AMCategory: David Smith's other articles My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. This is a moment of history. The Great War itself went slowly, painfully so, but the period since we were marking 100 years from its start, four years ago, to today’s centenary of the Armistice seems to have flashed by. Those four...
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Recession is a risk to these best-laid plans
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A new dawn for pay – or another false one?
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A Brexit deal by Christmas? Even that’s too late as uncertainty bites
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No need to get queasy about the unwinding of QE
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Combine Labour and Brexit for the stuff of nightmares
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Pay’s up – but don’t put out the bunting just yet
On French Politics
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The Rule of Law: Battleground for Democracy
Share the post "The Rule of Law: Battleground for Democracy" It has become commonplace to diagnose European politics with a populist disease, even as the meaning of populism is often left vague and contested. Evidence to this effect is drawn from the European left (eg Podemos, Syriza, and Labour under Corbyn), as well as the right (typically Fidesz, PiS, and the Lega Nord). The meta-narrative of the “populist...
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Midterm Thoughts
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Stunning Sympathy
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A Bad Week for Mélenchon
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Tocqueville21 1970-01-01 00:00:00
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Recalibration
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The Contradictions of Macronism
Eurostat News Releases
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Volume of retail trade unchanged in euro area
Download PDF
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Industrial producer prices up by 0.5% in euro area
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Euro area annual inflation up to 2.2%
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Euro area unemployment at 8.1%
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GDP up by 0.2% in the euro area and by 0.3% the EU28
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Household real income per capita up in the euro area and in the EU28
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First residence permits issued in the EU Member States remain above 3 million in 2017
Political Thoughts – The Magazine
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The New Extremism
The changes in our society since the fall of communism were not predicted by anyone at the time. This article summarises what we can see in retrospect and it is not pretty. Marxism and Conservatism are being replaced by a deviant form of secularism.The most obvious change since the fall of communism is the rise in other forms of extremism. Extremists brand their opponents as evil. The increase in Islamic Extremism is well known and there...
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Arron Banks and US Banks
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We need to talk about China.
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Who is paying for Remain and Peoples Vote? The European Movement, Open Britain Ltd and Best for Britain
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EU Second Referendums and Ignoring Referendums – The EU Democratic Deficit
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The Northern Ireland Border Issue – The ERG Report
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The Avoidable Future
Protesilaos Stavrou
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Leviathan, Sovereignty, Anarchy, and Peace
The polity takes us from the state of nature to prosperity Special issues of Political Realism (POL422) 31 May 2018 Hello, my name is Protesilaos Stavrou. This seminar is the third entry in a series about Realism in international relations. The first item was about the myth of the Ring of Gyges and exceptionalism in world politics. The second was about the Melian Dialogue, Power, and...
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The Melian Dialogue, Power, and Justice
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The Ring of Gyges, Realism, Exceptionalism
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On the geopolitics of the nuclear deal with Iran
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Who can change Europe?
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EU integration and “German Europe”
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Thoughts on a New Left
Rybinski Forum
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Szczęśliwego Nowego Roku – kilka dobrych rad na koniec
Minęło 11 lat od początków tego bloga. To już ostatni wpis, w którym podzielę się kilkoma radami i doświadczeniem życiowym. Polecam je każdemu i gwarantuję, że jeżeli będzie je stosował regularnie w 2017 roku, to jego/jej jakość życia: emocjonalna, fizyczna i finansowa radykalnie się poprawi. 1. Nie oglądajcie telewizji w szczególności programów informacyjnych. To codzienna idiotyczna papka, w której przemieszane są wypadki, morderstwa i...
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Polska przekracza granice międzynarodowej śmieszności
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Czy testy czynią uczniów głupszymi
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Czy sprawdziły się moje prognozy na 2016 rok
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What Trump election means for global economy?
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Spór o kluczowe wartości wymaga przeprowadzenia referendum
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Drukarze przyszłości
MNI Euro Insight
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MORNING DIGEST: July 18, 2016
EU foreign ministers gather in Brussels Monday, with the situation in Turkey set to top the discussions, along with the ongoing terrorism threats in Europe following the Nice attack. They will be joined by John Kerry, the US Secretary of State, to talk about EU-US relations and how to move forward with global foreign policy issues. Boris Johnson, recently appointed UK foreign secretary following the British vote to leave the EU, will make his...
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MORNING DIGEST: July 15, 2016
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Analysis: Vestager Comments Suggest Some Investor Bail-in if Italy’s Banks are Recapitalised
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Analysis: Bank of England Easing Decision is Delayed, not Cancelled, While MPC Gathers Data
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MORNING DIGEST: July 14, 2016
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Euro Insight Poll: Brexit Crushes Hopes for Stronger Eurozone Recovery
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Analysis: NATO’s Troop Buildup Seeks to Contain Russian Expansion but Alliance is Split on Strategy
Profesor Werner
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EU Basics – Your Guide to the UK Referendum on EU Membership
By Professor Richard A. Werner, D.Phil. (Oxon) 20 June 2016 The British people should be clear about just what they will be voting on at the EU referendum this Thursday. What does it actually mean to stay in the EU? What does it mean to exit? Concerning the second question, the dominant issue in the debate has been the question whether there will be a significant negative economic impact on the UK from exiting the EU. Prime Minister David...
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Is Germany to blame for the European mess?
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„Negative“ Interest Rates and the War on Cash
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What should be done about Greece – and what is likely to happen
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?
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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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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Trump è lì per difendere il capitalismo da se stesso
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Media, la repressione del dissenso punta a ridare monopolio alle grandi testate. Ma così favorisce le destre
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Inaudito! C’è un dibattito sull’euro anche a sinistra
Antonio Fatas
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Is the Great Moderation back?
The "Great Moderation" was a term used to describe the reduction in business cycle volatility observed in several advanced economies. It started in the mid-1980s and it coincided with the period of time where inflation had successfully brought down to a low level (and remained low and stable since then).There was a debate about the causes of the Great Moderation. Some put central banks at the center of the phenomenon while others...
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Lost decades: Italy 3 – Japan 0.
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It’s a (low inflation) trap!
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The shrinking (US) Risk Premium
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The narrative of high debt and powerful central banks
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Moving Blog Location
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9, 8, 7, 6.7,… Speculating on China growth
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