Another Step Toward A Federal Europe? Talks To Expand EU Budget Could Be Watershed Moment
Newspaper reports today suggest that greater moves towards an EU fiscal union, in the form of an expanded EU budget […]
Euro Crisis
Euro Crisis
After the Draghi Plan: Can Germany’s Prescription for Europe Work?
I have been sensing over the past few weeks that markets have been so enthusiastic about Mario Draghi’s bond-buying plans
Irish Economy
Ireland’s Promissory Notes: An Updated Primer
An updated version of my promissory note paper is now available. Details here.
US Economy
Did Bill Clinton’s Budgets Really Destroy the American Economy?
I think the “sectoral balances” viewpoint of the macroeconomy, which emphasises that income equals spending, is hugely important for understanding
Central Banks
Trichet Tells CNN: Don’t Publish the ECB’s Secret Letter
The heat seems to increasing on the ECB to release the secret letter to Ireland. In a rare public interview
Teaching
Data Sources and Websites for International Money and Banking
Data Sources Asset and Liabilities of US Banks. From the Federal Reserve. Statistical Data Warehouse. From the ECB. FRED. The
US Economy
Should Bernanke Focus Only on Inflation?
Those watching the ongoing Euro-mess might be surprised at a policy recommendation that the Fed should behave more like the
Central Banks
Note to Republicans: The US Can’t Do a Gold Standard On Its Own
Outside my usual set of topics but apart from enthusiastic goldbug types, I hadn’t seen anyone else discuss the Republican
Central Banks
ECB Secret Letter to Ireland To Be Released?
Proof perhaps that sometimes even a humble blog post can have some impact, it appears that we have had some
Euro Crisis
Greece: We Need to Stop Confusing Default with Exit
The debate about “Grexit” continues to confuse the question of the sustainability of Greece’s debts with the question of whether