European
Vox EU
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The Eurozone economic recovery is humming along just fine
The CEPR Euro Area Business Cycle Dating Committee published on 7 August the first of its bi-annual regular reports on state of the Eurozone business cycle.1 It made three important points. First, the Eurozone expansion is continuing, admittedly slowly but creating employment at a rapid pace. Second, although lacklustre, the Eurozone recovery from the Great Recession is commensurate with that of the US once the Eurozone double-dip sovereign...
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The US economy is not yet back to its potential
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Margins of labour market adjustment to trade
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The Trump doctrine on international trade: Part two
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Populism and trust in Europe
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Europe’s Trust Deficit: Causes and Remedies
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Investment and growth in advanced economies: Selected takeaways from the ECB’s Sintra Forum
Acting Man: Pater Tenebrarum
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Bad Ideas About Money and Bitcoin
How We Got Used to Fiat Money Most false or irrational ideas about money are not new. For example, take the idea that government can just fix the price of one monetary asset against another. Some people think that we can have a gold standard by such a decree today. This idea goes back at least as far as the Coinage Act of 1792, when the government fixed 371.25 grains of silver to the same value as 24.75 grains of gold, or a ratio of 15 to 1....
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Precious Metals Supply and Demand Report
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The Future of the Third World
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Why There Will Be No 11th Hour Debt Ceiling Deal
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Will They Haul Off Trump’s Statue, Too?
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Is Historically Low Volatility About to Expand?
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Bitcoin Has No Yield, but Gold Does – Precious Metals Supply and Demand Report
Bruegel Think Thank
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G20 climate commitments must be turned into action
The G20 is just about holding together in difficult times, but the world's leading economies need to make good on their climate promises. Major projects such as China's One Belt One Road initiative and the G20 Compact for Africa must incorporate sustainability criteria, or it will be impossible to meet the Paris goals. This opinion piece was also published in Caixin, Capital, Dienas Bizness, Expansión, Hospodárske Noviny,...
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Economic Implications of Further Harmonisation of Electronic Communications Regulation in the EU
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The US Antitrust Counter-Revolution
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The EU and the US: a relationship in motion
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Italian economic growth and the Euro
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The international effects of ECB’s monetary policy
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ASEAN Against the World: Strength in the Numbers
London School of Eco. Blog
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The participation gap: Is citizen participation actually good for democracy?
The more people who participate in a democracy, the more democratic it becomes – or so de Tocqueville believed. But sceptics have challenged that assumption on the basis that not everyone has the skills to make informed political decisions. In his new book, Russell J Dalton argues that the problem lies with the participation gap: the better-off are more engaged in policy, while the poorest vote less and lack the resources to lobby for change....
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The Transnistrian challenge: Why tensions are escalating between Russia and Moldova
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German defence policy: An election primer ahead of the 2017 federal elections
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Book Review: Accelerating Academia: The Changing Structure of Academic Time by Filip Vostal
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Five important questions the UK government’s Brexit customs plan fails to answer
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The Brexit talks aren’t just about power, they’re about legitimacy – and the UK urgently needs a vision for the future
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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International Institute of Finance (IIPF) Elects Prof. Clemens Fuest as New President as of 2018
Prof. Clemens Fuest, President of the ifo Institute, was elected as the new President of the International Institute of Public Finance (IIPF) at its annual meeting in Tokyo. Fuest will succeed Joel Slemrod (University of Michigan) as IIPF President for a 3-year term of office beginning in August 2018. The IIPF is an international organisation of public finance economists. Public finance economists look at...
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ifo Dresden Newsletter 22 August 2017
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ifo World Economic Climate Remains Good
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How Firms Deal with Negative Interest Rates
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ifo Institute Expects Quarterly Growth of around 0.8 Percent for German Economy
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ifo Economic Climate in the Euro Area Improves
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ifo Newsletter July 2017
Chris Dillow: Stumbling and Mumbling
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Willing the ends but not the means
There’s a link between two of my recent posts which I’d like to bring out. It’s that actually-existing centrists and rightists make a mistake of willing the ends but not the means. For example, centrists rightly want us to remain in the EU. Many, however, fail to appreciate that the vote to leave was strengthened by economic conditions which they helped to create. Austerity – in which the Lib Dems colluded – and capitalist stagnation (of which...
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A better centrism
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On zero-sum thinking
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Centrism: the problem, not the solution
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Job polarization
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The behavioural economics paradox
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The social mobility lie
David Smith’s EconomicsUK
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Job done: How we got down to work after the crisis
Job done: How we got down to work after the crisis 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. It is time to give credit where it is deservedly due. I am referring to something that, without which, recent years would have been infinitely more difficult than they have been. The old adage, that it is a recession when...
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A spanner in the works for Britain’s growth potential
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Britain’s big challenge is getting out of the slow lane
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Inequality is down – but people don’t notice when real wages are falling
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We need more globalisation, not less
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Businesses are hungry for certainty, not thin gruel
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When the cap doesn’t fit, worry about the deficit
On French Politics
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Out with the New, In with the Old
Two names one had thought definitively removed from the news have resurfaced in the past two days. First, François Hollande, who had imposed a decorous silence on himself following his ignominious ejection from the presidency, apparently felt that the opportunity for vengeance had come. His "spiritual son" is in trouble, the negotiations over the labor code reform are coming to a head, and the time for mischief was maximally ripe....
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Robust Growth Ahead for France
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A Word from the Techies
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Macron Seeks More Clout in Brussels
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The New New Left and the New Old Center
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French Employment Picture Improves
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Bye-bye Solférino
Eurostat News Releases
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Production in construction down by 0.5% in euro area
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Euro area international trade in goods surplus €26.6 bn
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Annual inflation stable at 1.3% in the euro area
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GDP up by 0.6% in both the euro area and the EU28
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Industrial production down by 0.6% in euro area
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Volume of retail trade up by 0.5% in euro area
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Industrial producer prices down by 0.1% in euro area
Political Thoughts – The Magazine
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Presentism causes death and injury in Charlottesville
Everyone agrees that slavery is bad.We carry on with our own lives, get up, work, eat, laugh with friends if we are lucky and sleep.None of us are slaves in our block or even our city. No-one we know has talked about slavery, even in an historical context for at least a year.The broadcast media tell us that a statue in our city means we approve of and celebrate slavery. Do we? So does it? A Statue Children used to play at war. They would...
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The Effect of Women
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France, the third Axis power and Dunkirk.
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Corbyn, University Tuition Fees and Student Loans
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The Way Forward
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Is the BBC biased about Brexit?
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The EU after Brexit
Protesilaos Stavrou
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New publications (in case you missed them)
Summer reading on EU politics and beyond 15 August 2017 I have not posted anything on this blog for about a month. The reason is that I have been busy with other things. I should resume regular blogging towards the end of this month or the beginning of September. In the meantime, you might be interested in some of my recent publications in the books section of this website. The first is the...
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July 12: I support #NetNeutrality
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Amendments to the Tallinn Declaration on e-government
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New book: Dialogues on EU politics
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On the EU reflection paper about security and defence
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On the EU reflection paper about euro reform
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Thoughts on the future of EU defence
The Economist Europe
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Poland’s ruling party picks a fight with Germany
POLAND lost a fifth of its population in the second world war. Vast swathes of Warsaw were razed to the ground and the city still bears the scars. Damage to the capital alone amounted to $45bn, according to an estimate in 2004 by city hall. Yet Poland got nothing in compensation. In 1953, under pressure from the Soviet Union, its communist government renounced any claim to reparations from the then East Germany, ruled by a fellow-communist...
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Charlemagne: Russian culture wars
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Germany’s new divide
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Silvio Berlusconi may manage a political comeback
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IKEA goes to Serbia
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Russian culture wars take centre stage
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Russia’s biggest war game in Europe since the cold war alarms NATO
Rybinski Forum
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Page not found · GitHub Pages
Page not found · GitHub Pages File not found The site configured at this address does not contain the requested file. If this is your site, make sure that the filename case matches the URL.For root URLs (like http://example.com/) you must provide an index.html file. Read the full documentation for more information about using GitHub Pages.
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Szczęśliwego Nowego Roku – kilka dobrych rad na koniec
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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
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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Orlando privatizza la giustizia online
Nel 2016 il Pd ha cercato di disfarsi della seconda parte della Costituzione. Sconfitto il 4 dicembre, ci riprova ora con la prima parte, schierando le sue menti migliori in una raffinata manovra a tenaglia. L’attacco è stato sferrato sull’ala destra da Angelo Panebianco. Con la sistematicità dello studioso, il politologo ha aggredito l’articolo 1 […] Per continuare a leggere questo articolo entra ne Il Fatto Social...
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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
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Stradella, musica sacra e profana dell’Italia che fu la Patria dei talenti
Antonio Fatas
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Make the Risk Premium small again
In one my previous posts I looked at the stock market valuations in the US to conclude that they were in line with recent historical data. In fact the stock market looked cheap relative to most years since the mid 1980s.But that was before the US election! Since the election the stock market has gone up and interest rates have gone up as well. How do stock market valuations look like today?I follow the same methodology of the previous post and...
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The OECD procyclical revision of fiscal policy multipliers
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The stock market looks cheap
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You can lower interest rates but can you raise inflation?
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Experts, facts and media
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9, 8, 7, 6.7,… Speculating on China growth
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The asymmetry of inflation or the ECB?
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