Brutal data on a Western debt march
At the moment, monetary policy presents itself as part of the solution to the West’s sovereign debt crisis.
At the moment, monetary policy presents itself as part of the solution to the West’s sovereign debt crisis.
What the United States can least afford is four more years of election campaign-style politics.
Having unsuccessfully followed textbook advice on dealing with the global financial crisis, it is high time to explore alternative ways of dealing with the root causes of the crisis.
Once it is finally realised that this economic crisis is not an ordinary recession, perhaps we will stop deploying Keynesian remedies and begin more fundamental reforms as advocated by Tanzi.
After last week’s decisive EU summit (the 20th of its kind), and after the German parliament’s support for the latest bailout plans, the euro is saved!
Readers do not have to agree with every single prediction or assessment in Tanzi’s book, and may even miss a more clearly spelt out recipe of how to reduce government …
In 2009, CIS Research Fellows Robert Carling and Dr Oliver Marc Hartwich predicted sovereign debt troubles on both sides of the Atlantic at a CIS event called ‘Trans-Atlantic Fiscal Follies.’ …
Capital markets are not loquacious storytellers.
The Occupy Wall Street movement has polarised public opinion: Either you regard the protestors as the new political avant-garde or as just plain silly.
After the turbulent monetary history of Greece, it was surprising (to say the least) how easily Greece managed to become part of the eurozone.
© Dr Oliver Hartwich