Posts - Karl Whelan

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 […]

I have been sensing over the past few weeks that markets have been so enthusiastic about Mario Draghi’s bond-buying plans

An updated version of my promissory note paper is now available. Details here.

I think the “sectoral balances” viewpoint of the macroeconomy, which emphasises that income equals spending, is hugely important for understanding

The heat seems to increasing on the ECB to release the secret letter to Ireland. In a rare public interview

Data Sources Asset and Liabilities of US Banks. From the Federal Reserve. Statistical Data Warehouse. From the ECB. FRED. The

Those watching the ongoing Euro-mess might be surprised at a policy recommendation that the Fed should behave more like the

Outside my usual set of topics but apart from enthusiastic goldbug types, I hadn’t seen anyone else discuss the Republican

Proof perhaps that sometimes even a humble blog post can have some impact, it appears that we have had some

The debate about “Grexit” continues to confuse the question of the sustainability of Greece’s debts with the question of whether