Diamond-Dybvig-Bernanke is a flawed model of banking that has no room for a lender of last resort
Read Here
Ben Bernanke Dollar by Gage Skidmore
Peter Bofinger and Thomas Haas: A Nobel Award for the Wrong Model
EU politics
Wolfgang Streeck – Europe under Merkel IV: Balance of Impotence
An insightful, although long, analysis concerning where EU politics, especially with regard to its German/French axis, is headed. Read here
Economics
Corporate Europe Observatory – Off the hook?
How business lobbies against liability for human rights and environmental abuses Read here
Economics
Eurostat: Eurozone trade deficit to 13-year high as it becomes increasingly dependent on China and Russia
The EU’s dependency on China and Russia due to Germany and Merkel’s “Germany First” policy has become all too obvious. Read Here
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